Markets

Stock Watch: Pakistan’s stock market surges to record high

KSE-100 index soars amid Saudi defense deal, energy reforms, and improving US ties, boosting investor confidence

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Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

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The Pakistan Stock Exchange (PSX) has reached a historic milestone as the KSE-100 index surged by 4,220 points (2.7%), closing at 162,257 - its highest level ever. Key drivers behind the rally:

  • Strengthening Pakistan-US relations
  • Decisive action on circular debt in the power sector
  • Last week’s landmark defense agreement with Saudi Arabia
In this week’s Stock Watch, Shuja Qureshi, Shahbaz Ashraf, and A A H Soomro break down how these developments could reshape market dynamics, boost investor confidence, and enhance Pakistan’s appeal to global investors.

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