Karachi: The Pakistan Stock Exchange is witnessing another record-breaking rally today, as a result of which the index crossed the highest level of 95 thousand points.
On the first day of the business week, trading in the stock market started with a surge of 386 points, as a result of which the KSE 100 index crossed the level of 95 thousand points and reached a high of 95150 points.
Later, the bullish trend continued in the PSX and with a surge of 477 points, the 100 index reached a new high of 95240 points.
It should be noted that the Pakistan Stock Exchange has been experiencing a strong bullish trend for the past few weeks and during this time new records of trading have been set in the PSX.
On the other hand, with the improvement in macroeconomic indicators under the IMF loan program, Pakistani research houses have predicted that the Pakistan Stock Exchange will offer returns in the range of 27 to 37 percent on investments in its stocks. This will push the benchmark “KSE 100” to its new highs of 120,000 to 127,000 by December 2025.
The report, titled “Pakistan Strategy – Pakistan Outlook 2025,” said Topline Research in the report that the successful completion of the IMF review in 2025, the approval of the budget for the fiscal year 2026 as per its guidelines, and the improvement in Pakistan’s credit rating will open the doors for the issuance of Eurobonds and Sukuk.
