Karachi: The bullish momentum at the Pakistan Stock Exchange (PSX) showed no signs of slowing down as the benchmark KSE-100 Index crossed the historic 169,000-point mark for the first time, reflecting growing investor confidence and strong market sentiment.
On the last trading day of the week, the index gained over 900 points during the session, reaching a new all-time high of 169,450 points. This comes on the heels of a massive 2,849-point surge in the previous session, which had pushed the index to close at 168,489.
Analysts attribute the continued rally to improved economic outlook, policy stability, and renewed interest from institutional and foreign investors. The surge signals optimism in the financial markets amid expectations of further macroeconomic recovery and ongoing reforms.
Market observers note that investor confidence has been further bolstered by declining inflation trends, steady exchange rates, and anticipation of favorable developments on the fiscal front.
