Bullish momentum at PSX as shares gain 1,400 points after SBP receives 2nd IMF tranche

Bulls took control of the Pakistan Stock Exchange (PSX) on Thursday as shares gained over 1,400 points, bringing calm to yesterday’s heightened volatility. The positive momentum comes just a day after Pakistan received the second tranche from the International Monetary Fund (IMF), worth $1 billion, under its loan programme. The KSE-100 index opened with a gain of 858.23 points (0.73 per cent) to stand at 119,394.75 points from the previous close of 118,536.52 at 9:40am. The intraday high was recorded 119,990.30 points at around 3:18pm, 1,453.78 points (1.23pc) higher than yesterday. Finally, the KSE-100 closed at 119,961.91 points, with a gain of 1,425.39 points (1.20pc) compared to the previous close. This screengrab taken at around 3:40pm shows bullish activity at the PSX on May 15, 2025. — PSX data portal Samiullah Tariq, head of research and development at Pak Kuwait Investment Company Ltd, said the market was positive due to the recent inflows from the IMF.