Why PSX Is Booming in a Broken Economy | Ahmad Jalal Gives a Reality Check on Bank-Driven Rally

Pakistan Stock Exchange has surged from around 135,000 to nearly 185,000 in just a few months, even as the country’s economy struggles with inflation, debt, and slow growth. So what is really driving this rally, and who is actually benefiting from it? In this Raftar Now podcast, we critically analyse the PSX boom with market expert Ahmad Jalal from Cordoba Ventures. We discuss why banks are leading the rally, whether it is healthy for an economy when banking stocks rise on government borrowing, and how this growth connects to state debt and policy choices. The conversation also looks at global shifts, changing alliances, and how Pakistan’s traditional economic dependencies are being tested in a divided world. This podcast is not about stock tips, but about understanding Pakistan’s current economic reality, risks, and the bigger picture behind the market numbers.

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