Positive outcomes of the government’s economic reforms have begun to emerge in Pakistan, with the Pakistan Stock Exchange (PSX) ranking among the world’s best-performing equity markets.
By mid-December 2025, the benchmark KSE-100 Index crossed a historic level of 171,500 points, reflecting growing confidence among both domestic and foreign investors. Market analysts say the strong performance signals improved economic stability and optimism about Pakistan’s financial outlook.
Since January 2025, the Pakistan Stock Exchange has delivered returns of 47 percent in US dollar terms and 48 percent in Pakistani rupees. Over the past two years, cumulative returns of up to 300 percent have been recorded, placing the PSX among leading global stock markets in terms of performance.
Officials and market experts attribute the rally to sustained economic reforms, improved macroeconomic indicators, and the restoration of investor confidence. Measures aimed at fiscal discipline, market transparency and financial stability have played a key role in supporting the upward trend.
Investor participation has also increased significantly. The number of equity investors at the Pakistan Stock Exchange has risen to around 450,000. Between June 2024 and November 2025, approximately 120,000 new investors entered the market, representing a 37 percent increase in the overall investor base.
