ISLAMABAD: Positivity returned at the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 Index closed with a gain of over 1,500 points on Monday.
Bullish trend persisted throughout the trading session, pushing the KSE-100 Index to an intra-day high of 116,494.19.
At close, the stock market settled at 116,390.03, showing an increase of 1,536.70 points or 1.34%.
Buying was observed in key sectors including cement, chemical, commercial banks, oil and gas exploration companies, refinery, and power generation. Index-heavy stocks, including HUBCO, NRL, SNGPL, PPL, POL, HBL, MEBL, NBP, and UBL, traded in the green.
On Monday, a total of 484,547,019 shares were traded as compared to 444,915,508 shares on the previous trading day, whereas the price of shares stood at Rs 27.430 billion against Rs 30.394 billion on the last trading day.
As many as 455 companies transacted their shares in the stock market, 247 of them recorded gains and 145 sustained losses, whereas the share price of 63 companies remained unchanged.
Earlier, Governor State Bank of Pakistan (SBP) Jameel Ahmad, addressing an event at the Pakistan Stock Exchange (PSX), said that Pakistan received a record $4.1 billion in remittances in March 2025, the highest monthly inflow on record.
The SBP governor confirmed that the surge in inflows provided crucial support to the economy, foreign exchange reserves, and liquidity for importers.
He said this marks the first time that remittances have crossed the $4–billion threshold in a single month.
ALSO READ: Exports up 12.4pc on-year in March: China
The Pakistan Stock Exchange (PSX) experienced significant volatility over the past week, driven by rising global uncertainty following tariff announcements from US President Donald Trump.
The benchmark KSE-100 index plunged by 3,938 points, or 3.3% on a week-on-week basis, closing at 114,853 points.
On the global front, Wall Street futures saw a modest rally in Asian markets on Monday after the White House announced exemptions for smartphones and computers from the planned “reciprocal” U.S. tariffs. However, gains remained limited as President Trump cautioned that tariffs were still likely to be imposed in the near future.
Speaking to reporters on Sunday, Trump stated that tariffs on semiconductors would be announced within the coming week, with a decision on smartphones expected “soon.”
