The Pakistan Stock Exchange (PSX) witnessed a remarkable bullish trend on Friday, with the KSE-100 Index soaring by 1,644 points, closing at an all-time high of 141,035 points.

According to Topline Securities, the surge was largely fueled by positive sentiment following news of a landmark tariff deal with the United States. Under this agreement, Pakistan will now be subjected to reciprocal tariffs of 19%, significantly down from the previous 29%, boosting investor confidence.

Adding further momentum to the rally were market expectations that the government is set to clear circular debt in the coming weeks. Reports suggest that authorities are planning to raise Rs. 1.25 trillion from banks to make these payments, providing a potential liquidity injection into the economy.

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The trading volume also saw a jump, with 609.7 million shares exchanged, compared to 577.3 million shares a day earlier. The total value of traded shares stood at Rs. 50.55 billion, up from Rs. 36.35 billion in the previous session.

Out of 483 companies that traded during the session:

• 199 companies recorded gains,

• 246 companies saw losses,

• 38 companies remained unchanged.

The market rally reflects strong investor optimism driven by macroeconomic developments and renewed global trade cooperation.