Islamabad 2 August: The Pakistan Stock Exchange (PSX) surged to an all-time high on Friday, with the KSE-100 Index closing at 141,034.98 points, up 1,644.56 points or 1.18% from 139,390.42.
The rally was fuelled by investor enthusiasm following the United States’ decision to cut import tariffs on Pakistani goods by 19%, boosting trade prospects. Export-focused sectors like textiles and leather led the charge, with trading volumes reaching PKR 43.12 billion and 304.5 million shares exchanged.
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Analysts attribute the bullish momentum to improved US-Pakistan trade ties and strong economic indicators, though some warn of potential short-term corrections. The milestone reflects growing confidence in Pakistan’s economic recovery, supported by recent IMF agreements and rising foreign exchange reserves.
