Karachi, December 9, 2025 – The Pakistan Stock Exchange (PSX) witnessed a historic surge on Tuesday as the KSE-100 index climbed to a record high, buoyed by the International Monetary Fund’s (IMF) approval of a $1.2 billion tranche under its ongoing loan programs.
The benchmark index soared 1,153 points, closing at an unprecedented 169,456 points, up from Monday’s 168,303 points. Analysts at Topline Securities Limited noted that the market exhibited strong bullish momentum throughout the session, with intraday gains reaching 1,297 points before settling at the record closing level.
Investor confidence received a significant boost after the IMF approved nearly $1.1 billion under the Extended Fund Facility (EFF) and $220 million under the Rapid Financing Instrument (RSF). These approvals ensure that the IMF programs, worth a total of $8.4 billion, remain on track, strengthening market sentiment and encouraging renewed participation from local investors.
The rally was largely driven by robust buying from local mutual funds, which helped sustain momentum. Major contributors included FFC, LUCK, HBL, PSO, and MLCF, collectively adding approximately 640 points to the benchmark’s rise.
Trading activity remained vibrant, with total volumes reaching 1,022 million shares and overall turnover surging to Rs 51.1 billion. K-Electric Limited (KEL) emerged as the session’s volume leader, with 86.7 million shares traded.
With strong market flows, positive macroeconomic signals, and renewed investor confidence, the KSE-100’s record-breaking close underscores the sustained bullish sentiment driving Pakistan’s stock market forward. Analysts suggest that continued IMF support and domestic liquidity could further enhance market performance in the coming weeks.