Capital Market Rises on Political Stability and Strong Economic Data
The capital market started the week positively, driven by reduced political uncertainty and improving economic indicators. Investor sentiment improved after the conviction of former Prime Minister Imran Khan and his wife, Bushra Bibi, which provided closure to weeks of speculation, reducing political tensions. This contributed to a rise in market confidence.
The Pakistan Stock Exchange’s KSE-100 Index climbed by 929.77 points, or 0.81%, reflecting investor optimism. This positive momentum was also supported by expectations of a favorable monetary policy and strong current account data. The country’s current account surplus reached $1.2 billion for the first half of FY25, the highest in 15 years, driven by increased remittances and exports.https://www.geo.tv/latest/586289-psx-surges-as-political-uncertainty-eases-economic-indicators-improve
In addition, Finance Minister Muhammad Aurangzeb announced plans to issue Panda Bonds in June 2025 to raise $200 million from Chinese investors, further strengthening economic ties. The government is also focusing on digital growth, with efforts to boost Foreign Direct Investment (FDI) in digital infrastructure.
Inflation showed signs of easing, with a 1.16% increase in the Sensitive Price Indicator for the week ending January 16, which may influence the central bank’s monetary policy. Despite political and oil price risks, the market’s outlook remains positive due to these supportive economic factors.
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