PSX benchmark jumps 1392 points
Amid confirmation of $2 billion Saudi loan by the central bank, the Pakistan Stock Exchange (PSX) registered 1392 points jump on Thursday as the bulls dominates from the opening bell and pushed the benchmark KSE-100 index to record 169911 points on closing of the trade, reported 24NewsHD TV Channel.
KSE 100 Index gained more than 2300 points during intra-day trading.
Within minutes of the session, KSE 100 index surged by 2,306 points climbing to 170,826.23 by 9:34am. The upbeat tone was supported by strong investor confidence and improved liquidity conditions.
The index hovered near its intra-day high of 170,899.16, well above the low of 168,941.31, while total traded volume crossed 244 million shares. The previous close stood at 168,519.94, highlighting the strength of the gap-up opening.
Driving the positive sentiment was a key development on the macro front. The State Bank of Pakistan confirmed receipt of $2 billion from the Ministry of Finance of the Saudi Arabia, with the value date of April 15, 2026.
The inflow is expected to bolster foreign exchange reserves and ease near-term external financing pressures, factors that typically act as strong triggers for equity market rallies. The combination of improved macro stability signals and sustained investor optimism has kept the market firmly in bullish territory, with early trading suggesting that momentum could persist through the session if volumes remain supportive.