KARACHI / PAKISTAN: The Pakistan Stock Exchange (PSX) witnessed a historic surge on Monday as the KSE-100 Index climbed by an impressive 1,775.65 points, closing at an all-time high of 157,953.46. The rally was fueled by the recently signed mutual defence pact between Pakistan and Saudi Arabia, which has sent strong signals of stability and confidence to investors.
Market analysts described the pact as a “game-changer,” with investors viewing it as a sign of strengthened geopolitical ties and enhanced security cooperation. The agreement ensures that aggression against one nation will be considered aggression against both, solidifying bilateral trust and opening doors to deeper strategic collaboration.
The development not only lifted investor sentiment but also revived hopes of increased foreign investment, stronger remittance flows, and improved regional standing for Pakistan. Experts noted that trading volumes spiked sharply, reflecting renewed risk appetite from both institutional and retail investors who see the pact as a safeguard for Pakistan’s economic and security future.
Research Director at AKD Securities, Awais Ashraf, noted that the deal has “bolstered investor confidence,” pushing the PSX into uncharted territory. With markets rallying, observers believe this could mark the start of a sustained upward trajectory — provided political calm endures and reforms continue on track.
The historic jump at the PSX highlights how closely economic performance in Pakistan remains tied to its geopolitical landscape, with investors quick to respond to shifts in international partnerships.
This story has been reported by PakTribune. All rights reserved.