Pakistan’s KSE-100 index hits record high as new fiscal year begins

Staff member mops the floor at the Pakistan Stock Exchange in Karachi on May 26, 2025. (AN Photo/File)
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Updated 01 July 2025
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Pakistan’s KSE-100 index hits record high as new fiscal year begins

  • Pakistan Stock Exchange touches all-time high of 128,475.69 points during intra-day trading
  • PM Shehbaz Sharif reaffirms commitment to improving ease of doing business in the country

ISLAMABAD: Pakistan’s KSE-100 Index surged to an all-time high of 128,475.69 points on Tuesday, the first day of the new fiscal year, with Prime Minister Shehbaz Sharif calling it a sign of growing investor confidence in the economy and government policies.

By market close, the benchmark index settled at 128,199.42, up 2.05% or 2,572 points from the previous close of 125,627.31. More than 336 million shares had changed hands, according to market data.

“The stock market’s record-high performance is evidence that business leaders and investors are growing increasingly confident in the economy and in the government’s policies with each passing day,” the prime minister said in a statement issued by his office.

The milestone builds on a strong showing in the previous fiscal year, when the KSE-100 Index rose by 60%, according to Karachi-based Topline Securities.

The brokerage credited the performance to macroeconomic stability, improved credit ratings and a shift toward looser monetary policy.

Sharif also noted the stock market’s performance was reflective of the country’s economic gains.

“The past year’s gains were the result of effective economic planning and policy execution,” he said, adding the new fiscal year would serve as a milestone in Pakistan’s journey toward long-term stability.

Pakistan is seeking to consolidate its financial recovery after years of economic turbulence.

In recent years, the country has undertaken difficult structural reforms under International Monetary Fund loan programs aimed at curbing fiscal deficits and restoring investor trust.

Sharif also thanked the business community for its support and reiterated his government’s commitment to strengthening the investment environment.

“We are grateful to our business community and investors who continue to support the government in its efforts for national progress and prosperity,” he said.

“The government remains committed to improving the ease of doing business and creating a more investment-friendly climate.”

The prime minister also commended his economic team for helping deliver a strong start to the new fiscal year.


Pakistani, Bangladeshi officials discuss trade, investment and aviation as ties thaw

Updated 28 December 2025
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Pakistani, Bangladeshi officials discuss trade, investment and aviation as ties thaw

  • Pakistan and Bangladesh were once one nation, but they split in 1971 as a result of a bloody civil war
  • Ties between Pakistan, Bangladesh have warmed up since last year and both nations have resumed sea trade

ISLAMABAD: Pakistan's High Commissioner to Bangladesh Imran Haider on Sunday met Chief Adviser Muhammad Yunus in Dhaka, the latter's office said on, with the two figures discussing trade, investment and aviation.

Pakistan and Bangladesh were once one nation, but they split in 1971 as a result of a bloody civil war, which saw the part previously referred to as East Pakistan seceding to form the independent nation of Bangladesh.

Ties between Pakistan and Bangladesh have warmed up since former prime minister Sheikh Hasina’s ouster as a result of a student-led uprising in August 2024. Relations remain frosty between Dhaka and New Delhi over India’s decision to grant asylum to Hasina.

Pakistan has attempted to forge closer ties with Bangladesh in recent months and both South Asian nations last year began sea trade, followed by efforts to expand government-to-government commerce.

"During the meeting, both sides discussed ways to expand cooperation in trade, investment, and aviation as well as scaling up cultural, educational and medical exchanges to further strengthen bilateral relations between the two South Asian nations," Yunus's office said in a statement on X.

In 2023-24 Pakistan exported goods worth $661 million to Bangladesh, while its imports were only $57 million, according to the Trade Development Authority of Pakistan. In Aug. this year, the Pakistani and Bangladeshi commerce ministries signed a memorandum of understanding to establish a Joint Working Group on Trade, aiming to raise their bilateral trade volume to $1 billion in the financial year that began in July.

The Pakistani high commissioner noted that bilateral trade has recorded a 20 percent growth compared to last year, with business communities from both countries actively exploring new investment opportunities, according to the statement.

He highlighted a significant increase in cultural exchanges, adding that Bangladeshi students have shown strong interest in higher education opportunities in Pakistan, particularly in medical sciences, nanotechnology, and artificial intelligence. Haider also said that Dhaka-Karachi direct flights are expected to start in January.

"Chief Adviser Professor Muhammad Yunus welcomed the growing interactions between the two countries and emphasized the importance of increased visits as well as cultural, educational and people-to-people exchanges among SAARC (South Asian Association for Regional Cooperation) member states," the statement read.

"Professor Yunus also underscored the need to further boost Bangladesh–Pakistan trade and expressed hope that during Mr. Haider’s tenure, both countries would explore new avenues for investment and joint venture businesses."