The Pakistan Stock Exchange (PSX) concluded fiscal year 2026 with a decisive rally, as the KSE-100 index surged more than 40% over the period.
The sharp appreciation reflects a sustained shift in investor sentiment, driven by macroeconomic stabilization efforts anchored by the country's ongoing International Monetary Fund programme.
Brecorder reported that the improved economic outlook bolstered confidence among market participants, extending the bullish trend that characterized the latter part of the fiscal year.
The rally underscores the market's positive reaction to policy consistency and external financial support.
As inflation pressures eased and foreign exchange reserves stabilized, equity valuations adjusted upward, rewarding early adopters of the recovery thesis.
The broad-based nature of the gains suggests that the repricing is not limited to a few large-cap names but reflects a wider restoration of trust in Pakistan's economic trajectory.