KARACHI:

The bullish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday as the KSE-100 index advanced nearly 800 points in a rally reflecting a stable policy rate and government’s ability to meet external debt obligations. Notably, the index reclaimed the 156,000-point level while building on Monday’s successful defence of a key support zone.

Pakistan has to repay external debt worth $26.1 billion in FY26 comprising principal loans of $22 billion and interest costs of $4.1 billion. So far, $3.5 billion worth of obligations have been met through $1.5 billion in repayments and $2 billion in rollovers, leaving $22.5 billion, which is due to be repaid over the remaining period of the current fiscal year.

Adding to the momentum, the State Bank of Pakistan (SBP) governor reiterat

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