Investors celebrated a “double boost” from a surge in remittances and a $1.2 billion inflow from the International Monetary Fund (IMF), driving share prices to an all-time high at the Pakistan Stock Exchange (PSX) on Wednesday. During intraday trading, the PSX benchmark KSE-100 index gained 1,065.26 points, reaching a record 170,521.64, up 0.62 percent. Out of 560 companies traded, 309 saw their share prices rise, 120 declined, and 131 remained unchanged. The IMF inflow includes nearly $1 billion under the Extended Fund Facility (EFF) and an additional $200 million through the Resilience and Sustainability Facility (RSF). Workers’ remittances to Pakistan also maintained strong growth, totaling $3.2 billion in November 2025. Cumulatively, from July to November FY26, remittances reached $16.1 billion, a 9.3 percent increase from $14.8 billion in the same period last year. Key sources of remittances in November included Saudi Arabia ($753 million), the UAE ($675 million), the UK ($481.1 million), and the USA ($277.1 million). Earlier, on Tuesday, the PSX had surged over 1,000 points, with the KSE-100 Index hitting an intraday high of 169,601 points and closing at 169,456, up 1,153 points for the day. Buying activity was mainly observed in key sectors, including cement, commercial banks, fertilizers, oil and gas exploration companies, oil marketing companies (OMCs), power generation firms, and refineries. Major stocks such as Hub Power Company (Hubco), Mari Petroleum, Oil and Gas Development Company (OGDC), Pakistan Oilfields (POL), Pakistan Petroleum Limited (PPL), MCB Bank, Meezan Bank, National Bank of Pakistan (NBP), and United Bank Limited (UBL) traded in the positive zone.
Pakistan Stock Exchange hits record high as share prices surge
