As the buying rally continues, PSX is trading above 131,000.

Amid stabilising foreign exchange reserves and optimism regarding the new fiscal year’s budget, the Pakistan Stock Exchange (PSX) maintained its bullish momentum on Friday.

The KSE-100 index saw a positive change of 0.45 percent during intraday trading, rising 593.89 points to reach its all-time high of 131,280.54 points.

The benchmark index showed a bullish trend the day before as well, closing at 130,686.66 points after rising 342.63 points, or 0.26 percent.

Over the course of the day, 899,849,566 shares valued at Rs 43.252 billion were exchanged.

Out of the 468 companies that traded their shares on the stock exchange, 216 made money and 236 lost money, while the share prices of 16 companies stayed the same.

Reserves of Foreign Exchange

According to the State Bank of Pakistan, as of June 27, 2025, the central bank’s holdings had grown to $12,727.8 million, while the country’s total liquid foreign reserves had risen to $18,091.1 million.

Additionally, the central bank previously reported that SBP’s foreign exchange reserves ended the fiscal year 2024–25 at $14.51 billion, indicating a notable improvement in the nation’s current account balance and the realisation of planned inflows during the FY 2024–25 period.

The central bank said on the first working day of the new fiscal year that “SBP’s FX reserves has recorded an increase of US$ 5.12 billion to reach US$ 14.51 billion as on 30 June 2025 compared to US$ 9.39 billion as on 30 June 2024,” citing the provisional data for FY25.

According to the central bank’s statement on liquid foreign reserves position, the receipt of GOP multilateral and commercial loans during the week ending June 27, 2025, caused SBP reserves to increase by $3,663 million to $12,727.8 million on a weekly basis. Additionally, the commercial banks’ net foreign reserves were $5,363.3 million.

The nation’s total liquid foreign reserves as of the week ending June 20, 2025, were $14,397.4 million.