At the start of the trading week, the Pakistan Stock Exchange (PSX) saw strong buying momentum, pushing the benchmark KSE-100 index to a record high of 191,000 points for the first time in history. This surge came ahead of today’s (Monday) meeting of the State Bank of Pakistan’s Monetary Policy Committee, where a decision on the key policy rate is expected.
According to reports, by 11:30 a.m., the benchmark index had risen 1,669.96 points, or 0.88 percent, reaching 190,836.78 points for the first time ever. Heavy buying was observed in major sectors, including automobile assemblers, cement, fertilizers, oil and gas exploration companies, OMCs, power generation, and refineries. Companies such as ARL, Hubco, Mari, OGDC, FFC, HBL, and MCB also traded in positive territory.
Sources say that State Bank Governor Jameel Ahmad will brief the media after the meeting. It is worth noting that in the last meeting on December 15, 2025, the committee surprised the market by cutting the policy rate by 50 basis points to 10.50 percent.
Last week, the PSX completed a strong week with the KSE-100 index closing at 189,166.83 points, while the Japanese yen reached a two-month high.
