KARACHI: The Pakistan Stock Exchange (PSX) experienced a bullish wave on Thursday, pushing the market to unprecedented levels. Investor optimism grew significantly as the KSE-100 index surged by 2,300 points, reaching a historic high of 168,050, up from the previous close of 165,640.33.
The market’s impressive upward movement reflects positive sentiment, with traders buoyed by improving economic indicators and optimism about the future.
The positive trend comes as Pakistan has successfully repaid its $500 million International Bond (Eurobond) that matured on September 30, 2025, in line with all its obligations.
Advisor to Finance Minister, Khurram Shehzad said the bond, issued in 2015 to global investors with a 10-year tenor, was settled on schedule, reflecting the country’s commitment to financial discipline. He said, the timely debt servicing comes at a time when external buffers and liquidity have strengthened, sovereign ratings have been upgraded and investor confidence is improving, with Pakistan’s bonds recently trading at a premium.
He noted that the debt-to-GDP ratio had improved from 77 percent in FY20 to 70 percent in FY25, while the share of external debt in total public debt declined from 38 percent to 32 percent during the same period, reducing foreign exchange vulnerability.In previous session, the KSE-100 index gained 146.75 points, showing a positive change of 0.09 percent, and closed at 165,640.34 points.
A total of 1,639,021,153 shares were traded during the day compared to 1,349,798,022 shares the previous day, whereas the share value stood at Rs 69.66 billion against Rs 76.77 billion on the last trading day. As many as 486 companies transacted their shares in the stock market, out of which 173 recorded gains, 287 sustained losses, whereas 26 remained unchanged.
