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The first trading day of 2025 sees the KSE-100 Index rise more than 1,600 points.

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2 months ago

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Early trading on Wednesday saw the benchmark KSE-100 Index jump more than 1,600 points, giving the Pakistan Stock Exchange (PSX) a strong start to the new year.

By 10:30 AM, the index had jumped 1675 points, or 1.08%, to 116804 points. This spike signaled a strong start to 2025, with widespread purchases in important industries.

Commercial banks, fertilizers, cement, oil and gas exploration firms, OMCs, power production, pharmaceuticals, and vehicles all saw notable increases.

Leading the charge in today’s surge were index-heavy stocks, such as HUBCO, SNGPL, MARI, OGDC, ENGRO, MCB, and MEBL; all were trading in the green and helped the market perform well.

A rather muted finish to 2024 was followed by the bullish sentiment. The KSE-100 Index ended the year at 115,126.90 points, down just 132.09 points, or 0.11%, indicating a muted conclusion to what had been an incredible year for the market.

2024 turned out to be a record-breaking year for the PSX in spite of the difficulties the Pakistani economy was facing. According to analysts, the KSE-100 Index experienced an incredible 84.34% increase, placing it as the second-best performing market in the world. With an incredible 178% rise over the last 18 months, the PSX has outperformed all major international markets and has seen the highest performance in Pakistan’s stock market history over such a brief time frame.

Pakistani stocks continue to trade at an average forward price-to-earnings (P/E) ratio of only 6.3x, despite the impressive increase, according to Muhammad Sohail, the chief analyst and CEO of Topline Securities. He underlined that this suggests a significant chance for future expansion.

As the PSX rejoices over its spectacular surge, global markets began 2025 more mutedly. The Nifty 50 fell 0.11% at 23,617.75 points and the BSE Sensex fell 0.09% at 78,057.81 points by 9:35 AM, indicating a lackluster performance by India’s key indexes.

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Issues Affecting Pakistan’s Textile Mills Industry: The Government Is Determined To Address Textile Industry Concerns: FM

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3 days ago

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Muhammad Aurangzeb, minister of finance, has stated that the government is firmly committed to helping the textile industry in every way possible.
He made this pledge today in Islamabad during a meeting with the All Pakistan Textile Mills Association’s leadership.
In order to guarantee the long-term sustainability and future expansion of Pakistan’s industrial sector, the Minister also reaffirmed the government’s commitment to addressing important tax, energy, and funding challenges.
He welcomed the APTMA office-bearers and gave the delegation his word that the government is committed to resolving the issues facing the textile industry since it understands how important it is to Pakistan’s economy.
Muhammad Aurangzeb underlined that resolving the fundamental issues facing the sector is essential to establishing an atmosphere that is favorable for industrial expansion, promoting economic stability, and bolstering the country’s overall growth trajectory.

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As the MPC meeting draws closer, stocks rise.

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3 days ago

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On the final working day of trading, the Pakistan Stock Exchange (PSX) maintained its optimistic trend.

After rising more than 900 points, the benchmark KSE-100 index stabilized around 114,684 points.

The forthcoming Monetary Policy Committee (MPC) meeting on March 10 is allegedly connected to the bullish trend.

Recall that the KSE-100 index gained over 1,400 points on Thursday before closing at 113,713 points.

The greenback, on the other hand, dropped Rs0.07, from Rs279.82 to Rs279.75.

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FBR to Enhance Revenues: Enacts Significant Reforms, Attains Record Revenue Collection

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4 days ago

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The Federal Board of Revenue has effectively executed significant reforms in the past year, enhancing tax administration, compliance, and digital transformation under the leadership of Prime Minister Shehbaz Sharif.
The FBR implemented AI-driven risk identification algorithms to improve tax audits and introduced a customer relationship management dashboard for real-time compliance monitoring.
Moreover, AI-driven Customs Intelligence and digital invoicing systems have transformed tax collection and customs operations.
The implementation of faceless customs assessment has markedly diminished clearance waits, optimizing international trade.
The unified sales tax return has streamlined the tax filing procedure, while the continuous advancement of a tier-3 data center seeks to enhance data security and AI-driven surveillance.
To enhance transparency, the FBR digitized its litigation management system for faster dispute resolution.

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