PSX closes at a high level amid optimism in the economy, geopolitical

• The KSE-100 index earns over 2,000 points in Intraday Trading.
• Analysts report optimism about the economy, the IMF program.
• Strong fresh market fuel inputs.
  

The Pakistan Stock Exchange (PSX) increased to a new level of all time on Friday, driven by strong liquidity inflows, improved geopolitical perspectives and signs of domestic macroeconomic stability.

The KSE-100 reference index was installed at a high level of 162,257.00, increased 2,976.91 points, or 1.87%, from the previous closure of 159,280.09. The index went up to an intraodam high of 162,422.28, earning 3,142.19 points.

Analysts attributed the increase in powerful liquidity inflows, supported by improved geopolitical prospects and signs of domestic macroeconomic stability.

Underlining the continuation of recent trends, Lucky Investment Muhammad Saad Ali, head of the research at the PSX’s performance to market optimism for financial prospects.

“All financial indicators are moving in the right directions, the IMF program is on track and side by side, we are also in a good place in terms of our foreign policy and our relations with countries that are our bilateral lenders, such as China, Saudi Arabia and the US.”

“So both of these [factors] They have led to market optimism and the feeling of investors is at the highest level we have seen for many years, he added.

The 160,000 mark was something that was expected to happen by the end of this year, but it has already happened, the expert noted.

Aah Soomro, an independent investment and financial analyst, added: “The economy is moving in the right direction, which supports investor confidence.”

However, he also informed the attention, underlining the need to evaluate the sharp upward trend. “While the race reflects the positive feeling, single -minded movements often require healthy corrections.”

Pakistan and the International Monetary Fund (IMF) began technical level talks on Thursday, during which the Fund expressed concerns about a significant deficit of revenue against the Federal Board of Directors (FBR) twice revised.

At the same time, Islamabad secured $ 1,377 billion in external loans during July and August of current year (FY2025-26), against a complete projection of $ 19.9 billion. Bilateral inputs amounted to $ 232 million, including $ 200 million from Saudi Arabia as part of an oil installation.

Multilateral creditors, including World Bank, Asian Development Bank, Asian Investment Bank of Asia and Islamic Bank of Development, disbursed $ 780 million, with the World Bank as head of contributors The news reported.

During the talks, the IMF questioned why FBR faced a deficit of RS1.2 trillions against the original target of RS12.97 trillion for FY2024-25, despite the imposition of RS1.3 trillion in additional taxes. FBR eventually collected RS11.74 trillion after two downward revisions. Employees attributed the gap to unnecessary recovery of 25 billion Rs from pending court cases.

Meanwhile, Prime Minister Shehbaz Sharif held his first meeting with United States President Donald Trump at Oval Office, Washington on Friday.

According to a statement by the Prime Minister’s office, the discussions covered regional security, cooperation with the fight against terrorism and a series of bilateral issues.

Speaking during a hot and cordial meeting with President Trump at Oval Office, the prime minister said that the bold, courageous and decisive actions of the US leader helped to facilitate the ceasefire between Pakistan and India, so that he was called by Pakistani and India. Prime Minister’s office.

While discussing the situation in the Middle East, the prime minister influenced President Trump’s efforts to end the war in Gaza, especially his initiative to invite key leaders of the Muslim world in New York, earlier this week