PSX Surge
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed strong satisfaction over the Pakistan Stock Exchange’s (PSX) record-breaking performance, describing it as a powerful indicator of growing investor confidence and a promising beginning to the new fiscal year 2025–26.
On the first trading day of the new fiscal year, the PSX’s benchmark KSE-100 Index surged by an unprecedented 2,515 points, closing at an all-time high of 128,142 points. This historic rally saw the index effortlessly break through three major thresholds — 126,000, 127,000, and 128,000 — all in the span of a single trading session. Market experts hailed the surge as the strongest single-day rally ever recorded on the bourse.
In an official statement, Prime Minister Sharif credited the bullish momentum to the government’s sound economic policies and reform measures. He stated that the KSE-100 Index’s exceptional performance reflects renewed trust among domestic and foreign investors in the government’s fiscal and structural reforms.
“The confidence of the business community and investors is strengthening with each passing day,” the premier remarked. He described the PSX’s performance as “good news for the nation and a clear sign of economic progress.” PM Sharif emphasized that the steady economic recovery during the last fiscal year was a direct result of the government’s consistent and effective policy framework.
Looking ahead, the prime minister voiced optimism about the new financial year, calling it a “milestone in Pakistan’s journey toward lasting economic stability.” He also acknowledged the crucial role played by the private sector and praised the business community and investors for their unwavering support. Their contributions, he said, are central to the country’s development and prosperity.
He further lauded his economic team for stabilizing the market and fostering a pro-business environment that has helped stimulate economic activity across key sectors.
Adding to the market’s positive sentiment, the Ministry of Finance recently projected inflation to fall to just 4 percent for the month of June — a development that has reinforced investor optimism and contributed to the current rally.
Analysts pointed to a combination of factors driving the surge: signs of political and economic stability, improved investor sentiment, and a disciplined fiscal approach. These elements, they said, have helped rebuild trust in the equity markets and reignited enthusiasm among institutional and retail investors alike.
Trading volumes and investor activity remained strong across major sectors, including banking, oil and gas, power generation, and automobile manufacturing. Stocks such as HUBCO, POL, PRL, MCB, and MARI led the rally, all ending in the green and reflecting broad-based market participation.
Market watchers now view the historic rally as more than a symbolic milestone — it is being seen as a potential turning point in Pakistan’s long-term economic recovery.
