Friday, the actions moved to a tight band as an activity of common fundraising, robust profits and optimism on economic prospects have maintained the stable equity market.
Pakistan Pakistan Benchmark KSE-100 index of Pakistan Pakistan has climbed to an intrajournnal summit of 147,534.41, winning 1.005.11 points, or 0.69%, before retiring to a minimum of 146,894.62, reflecting a decrease of 35.22 points, or 0.02%.
“It is an activity linked to the range of our days led by the liquidity and profits seasons of the common funds. The Moody’s credit rating is already incorporated, “added Aah Soomro, an independent investment and economic analyst.
“Better results, expectations of additional economic environment stimulate the market,” said Samiullah Tariq, research and development manager at Pakistan Kuwait Investment Company.
Moody’s has improved the credit note from Pakistan from CAA2 to CAA1, citing an improved external position and the progress of IMF reforms (International Monetary Fund) Fonds Facility (EFF) funds.
The agency noted that exchange reserves should continue to improve, although depending on the official financing of official partners, while budgetary strengthening is supported by a wider tax base. However, he warned that the affordability of the debt remains among the weakest in the world, governance and political uncertainty still high.
This marks the third upgrade in four months, following similar measures by S&P Global Ratings and Fitch Ratings, supported by the commitment of the government of Prime Minister Shehbaz Sharif towards tax consolidation and reforms.
On the performance front, Pakistan obtained the world’s leading world point for USD action yields on combined Fy24 – FY25 data, showed Bloomberg. During fiscal year 25, Pakistan ranked eighth on a global scale but surpassed regional peers, returning much more than BSE Sensex from India (+ 3.2%), China (+ 14.8%) and the wider market in India (+ 6%), according to AHL data.
The latest report on monetary policy (MPR) of the last report on monetary policy (MPR) of the Pakistan Bank (SBP) projected GDP growth at 3.25 to 4.25% in financial year 26 and a current account deficit between zero and 1.0% of GDP.
The policy rate maintained at 11% in June and July, the SBP expects the real policy rate to stabilize inflation within the target. Reserves should reach $ 15.5 billion by the end of December 2025, supported by projected financial entries and continuous SBP FX purchases.
On Wednesday, KSE-100 decreased by 476.02 points, or 0.32%, to 146,529.31 points, against 147,005.32 points recorded during the last session. The highest index of the day remained at 147,892.25 points, while the lowest level was recorded at 146,417.8 points.
