The Pakistan Stock Exchange (PSX) continued its record-breaking momentum on Tuesday, driven by strong investor confidence and an improving economic outlook. The benchmark KSE-100 index surged by 1,176.38 points, reaching a new all-time high of 137,678.91 — a 0.86% increase.
This upward trajectory, seen early in the trading session, set a strong tone for the day. The rally followed massive gains recorded a day earlier, when the index soared by 2,202.77 points to close at 136,502.54.
Market analysts attributed the bullish trend to multiple positive factors, including a rise in workers’ remittances, strengthening foreign exchange reserves, robust auto sales, and the International Monetary Fund’s (IMF) trust in the government’s economic policies.
According to recent figures, remittances grew by 26.6% to $38.3 billion in FY2025 — a major boost for Pakistan’s external finances.
During Tuesday’s session, 841.5 million shares were traded, compared to 765.1 million the previous day. However, the total value of traded shares stood at Rs 37.05 billion, slightly lower than Monday’s Rs 40.17 billion.
Out of 475 companies that participated in trading, 264 recorded gains, 195 suffered losses, while 16 remained unchanged.
Prime Minister Shehbaz Sharif hailed the PSX’s historic rise, calling it a reflection of the business community’s growing confidence in the country’s economic direction. He emphasized that the government’s focus is on creating a favorable environment for businesses and sustaining long-term growth.
“With stability achieved, Pakistan is now firmly on the path to economic development,” he said, reaffirming the government’s commitment to public welfare and national progress.
