The Pakistan Stock Exchange (PSX) finished the fiscal year 2024–25 on a strong and historic note, as the KSE-100 index jumped by 1,248 points to close at 125,627. This is one of the highest closings ever recorded by the stock market.
The major boost came after China rolled over a $3.4 billion loan, helping Pakistan’s foreign exchange reserves rise above $14 billion. This move met the International Monetary Fund (IMF) requirement and brought stability to the rupee, which encouraged market confidence.
Investor interest remained high throughout the session, with strong trading volumes seen across various sectors. Expectations of a reduction in electricity prices and progress in the privatization of state-owned enterprises (SOEs) also helped keep investor sentiment positive.
Adding to the momentum, Pakistan was ranked first in Default Risk Reduction among emerging markets, which gave further assurance to both local and foreign investors about the country’s improving financial stability.
During the trading day, the KSE-100 index reached an intraday high of 1,369 points before settling at the final closing number. This reflected the growing optimism in the market and investor belief in the ongoing economic reforms.