PSX closes at record high of 169,865 points
A wave of positive developments kept the Pakistan Stock Exchange buoyant this week

Shuja Qureshi
Presenter
With over 20 years of combined experience in media and stock brokerage, Shuja Qureshi is a seasoned professional who hosts a weekly stock market show on Nukta. Passionate about personal finance, he also presents 'How to Money with Shuja Qureshi' on Nukta.
Shahbaz Ashraf
Business Consultant
Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).
A wave of positive developments kept the Pakistan Stock Exchange buoyant this week, with the KSE-100 index surging 2,779 points (1.66%) to close at a record high of 169,865.
The rally was sparked by the IMF Executive Board’s approval of a $1.2 billion loan tranche early in the week, setting a confident tone for investors. Additionally, encouraging progress on resolving the power sector’s circular debt further bolstered market sentiment.
In this episode of Stock Watch, presented by HBL and powered by Chase Securities, Nukta’s Shuja Qureshi and Shahbaz Ashraf sit down with Mustafa Mustansir, Director Research at Taurus Securities, to explore the market outlook for 2026, including key triggers and potential risks on the horizon.











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