The Variable Income Market extended its upward streak to the new week, exceeding the level of 133,000 for the first time in intradic trade, reinforced by optimism about commercial negotiations, macroeconomic stability and a robust earning perspective.
The KSE-100 Benchmark index of the Pakistan Stock Exchange (PSX) rose to an intradic maximum of 133,720.54, winning 1,771,48 points, or 1.34%, and recorded a minimum of 132,467.12, reflecting a profit of 518.06 points, or 0.39%.
“The rate agreement and continuous optimism are feeding the demonstration. Technically, we have violated multiple new maximums. The profit season is also just around the corner, so all this is feeding the demonstration at this time,” said Ahfaz Mustafa, CEO of Ismail Iqbal Securities.
The feeling of investors remains floating in the midst of the fall in inflation, the strengthening of currency reserves and renewed capital entries. Analysts anticipate that the positive impulse will continue, backed by a change in the investment of fixed income to the shares due to the highest taxes on alternative assets and lower yields.
The PSX ended the fiscal year 2015 as the best performance market in the region, delivering a total yield of 60%. That impulse has taken to the FY26, raising the KSE-100 index in unknown territory. Average daily volumes (ADTV) increased by 31% Wow, indicating greater investor participation.
The rally has been supported by macroeconomic trust. Pakistan obtained $ 3.4 billion in Chinese reinvestment and refinancing, along with another $ 1.5 billion lenders of the Middle East and multilateral partners.
The rally has been supported by macroeconomic trust. Pakistan obtained $ 3.4 billion in Chinese reinvestment and refinancing, along with another $ 1.5 billion lenders of the Middle East and multilateral partners.
The reserves of the State Bank of Pakistan (SBP) were $ 14.51 billion as of June 30.
Inflation data reinforced the upward feeling. The Consumer Price Index (CPI) for June was slowed to 3.2% year -on -year, which brought the average fiscal year inflation25 to 4.5%, a strong fall of 23.4% in fiscal year 200. This opens space for possible cuts of interest rates, improving the investment case for shares.
