Karachi, March 14, 2025 – The Pakistan Stock Exchange (PSX) surged past the 115,000-point milestone, fueled by Moody’s upgrade of Pakistan’s banking sector and optimism surrounding ongoing negotiations with the International Monetary Fund (IMF). The bullish rally reflects growing investor confidence, backed by improving macroeconomic indicators and sectorial growth.
The KSE-100 index gained 1,009.70 points, marking a 0.89% increase, and closed at 115,094.23 after hitting an intraday high of 115,247.39. Key contributors to the rally included Fauji Fertilizer (FFC), Pakistan State Oil (PSO), Lucky Cement (LUCK), Engro Holdings (ENGROH), and Mari Petroleum (MARI), collectively adding 506 points to the index.
Trading activity remained robust, with 382 million shares exchanged and a market turnover of Rs25.4 billion, indicating strong investor participation. The Bank of Punjab (BOP) led the volume charts with 48 million shares traded.
Market sentiment received a further boost as Moody’s revised its outlook on Pakistan’s banking sector from stable to positive, reinforcing confidence in its financial stability. Additionally, speculation over the resolution of the power sector’s circular debt and anticipation of the next IMF tranche release contributed to the bullish momentum.
An IMF delegation, led by Mission Chief Nathan Porter, is currently in Pakistan to review the $7 billion Extended Fund Facility. A successful review could unlock a $1 billion tranche, strengthening economic stability and further fueling market optimism.
Analysts predict continued positive momentum in Pakistan's stock market with improving macroeconomic conditions, increased foreign and local investment, and strong trading volumes.
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