ISLAMABAD, Jul 1 (Alliance News): The Pakistan Stock Exchange (PSX) witnessed a historic surge on the second business day of the new fiscal year 2025–26, as the Benchmark KSE-100 Index soared by over 2,500 points, crossing the 128,000-point mark for the first time.
According to data available on the PSX website, the market showed a strong bullish trend on Tuesday morning. By 11:55 AM, the index had climbed 2,522 points, reaching 128,149 points — a record high and a sign of rising investor confidence.
Prime Minister Shehbaz Sharif welcomed the development, calling it a “positive start to the fiscal year” and a sign of economic progress.
“The PSX reaching a historic high reflects growing trust in the government’s economic policies,” he said in a statement.
He further added that the performance was an indicator of renewed investor confidence and economic stability.
“This year is a milestone in Pakistan’s journey towards sustainable growth and financial recovery,” the Prime Minister noted, pointing to economic gains made in the previous fiscal year.
The rally follows a series of economic reforms and fiscal consolidation measures that have reassured local and foreign investors.
Analysts attribute the surge to increased optimism over macroeconomic stability, progress in talks with global lenders, and improved investor sentiment.
The government expects the momentum to continue with further improvements in foreign investment, exchange reserves, and inflation control in the coming months.
