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Pakistan Stock Exchange Soars 860 Points Amid Rate-Cut Hopes

1/21/2026

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Summary

Story summary

The Pakistan Stock Exchange (PSX) saw the KSE-100 index rise 860 points to close at 188,622 on January 21, 2026, driven by mutual fund buying and rate-cut expectations.
Despite December 2025 current account deficit of $244 million and a decline in foreign direct investment, Engro Holdings and Pakistan Petroleum contributed to gains.
Meezan Bank and Hub Power offset gains.
Trading volume rose to 1.23 billion shares.

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Story summary

The Pakistan Stock Exchange (PSX) saw the KSE-100 index rise 860 points to close at 188,622 on January 21, 2026, driven by mutual fund buying and rate-cut expectations.
Despite December 2025 current account deficit of $244 million and a decline in foreign direct investment, Engro Holdings and Pakistan Petroleum contributed to gains.
Meezan Bank and Hub Power offset gains.
Trading volume rose to 1.23 billion shares.