PSX hits new peak on earnings optimism

After a day’s pause, the Pakistan Stock Exchange (PSX) resumed its record-breaking momentum on Thursday, with the benchmark KSE-100 index closing at a new all-time high amid rising investor confidence driven by record remittance inflows and renewed access to Middle Eastern financing. The KSE-100 index surged by 1,205.36 points, or 0.91 per cent, to close at 133,782.35 — just shy of the intraday high of 1,325 points. Ali Najib, Deputy Head of Trading at Arif Habib Ltd, said the market had an intense session on the back of improved investor sentiment. The rally was fuelled by historic remittances of $38bn in FY25, up 27% year-on-year, and Pakistan’s successful return to Middle Eastern debt markets after a two-year hiatus. The country secured $1bn in Islamic financing from a Dubai Islamic Bank-led consortium, backed by an Asian Development Bank guarantee.