Pakistan’s stock market continued its upward journey on Monday, crossing the 156,000-point mark for the first time in history. The rally reflects a renewed sense of optimism among investors, fueled by improved liquidity, government assurances, and progress on key economic fronts.
During the day, the KSE-100 Index touched an all-time high of 156,080 points, gaining over 1,800 points, before closing well above last week’s levels.
Analysts say the momentum has been supported by the government’s commitment to addressing long-standing issues such as circular debt, as well as recent international engagements that signal stronger investor confidence.
Market expert Ahfaz Mustafa, CEO of Ismail Iqbal Securities, noted that state-owned enterprises, which were often undervalued, are now beginning to reflect their true market worth—helping drive the rally further.
Adding to this positive outlook, Prime Minister Shehbaz Sharif recently assured Chinese investors of smoother procedures for foreign investment.
His remarks came as Pakistan and Chinese companies signed 21 agreements worth $4.2 billion, marking the launch of the second phase of the China-Pakistan Economic Corridor (CPEC 2.0).
On the fiscal side, the government’s auction of Pakistan Investment Bonds (PIBs) raised Rs654 billion, well above its target, reflecting strong demand in the debt market despite changes in yields.
This surge comes just days after Friday’s strong session, where the index gained more than 1,600 points.
For many observers, the upward trend highlights not only the resilience of Pakistan’s markets but also the hope that sustained reforms, international cooperation, and fiscal discipline could pave the way for a stronger economy.
