PSX Bull Run 2025: Why Pakistan’s Market Is Suddenly on Every Global Radar

By any conventional metric, Pakistan should not be leading the pack of global equity returns in 2025. It is a frontier‑to‑emerging‑market hybrid with a long history of fiscal slippage, external vulnerability, and political volatility. Yet the Pakistan Stock Exchange (PSX) has staged one of the most remarkable bull runs in its modern history, turning what…