During Ramazan 2025, the Pakistan Stock Exchange (PSX) experienced its second-best performance since 2015, with the benchmark KSE-100 index recording a 5.2% return. This surge is primarily attributed to the staff-level agreement reached with the International Monetary Fund (IMF) under the $7 billion Extended Fund Facility, facilitating the release of a $1.1 billion tranche. Additionally, the government’s progress on the circular debt resolution plan and efforts to reduce electricity prices contributed to the bullish trend.Â
In March 2025, coinciding with Ramazan, the KSE-100 index opened at 113,499, peaked at 119,422, and closed at 117,807, marking a 4.02% monthly gain. Despite a week-on-week decline of 0.5%, the overall performance remained positive. Key factors influencing the market included a low inflation reading for February, stable monetary policy, and a 39% increase in remittances, totaling $3.1 billion.Â
The PSX’s resilience during Ramazan 2025 reflects investor confidence bolstered by favorable economic indicators and policy measures aimed at stabilizing the financial landscape.
