Karachi: The Pakistan Stock Exchange (PSX) opened the second trading day of the week with remarkable bullish momentum, setting a new benchmark in market history. The KSE-100 index soared by 1,268 points, climbing to an unprecedented 165,314 points.
In contrast, the index had closed at 163,847 points a day earlier. This robust rally was underpinned by strong investor participation, particularly in banking, energy, and cement stocks, which provided the primary thrust behind the surge.
Market watchers link the sharp upswing to improving investor sentiment, supported by expectations of macroeconomic stability, favorable policy signals, and prospects for fresh foreign inflows. The trading floor also witnessed a sharp rise in turnover, signaling aggressive buying interest across multiple sectors.
Analysts suggest that if economic indicators maintain their current trajectory and the political climate remains steady, the bullish spell may carry forward into the coming sessions. The milestone underscores both the resilience of Pakistan’s equity market and the optimism of investors looking ahead to sustained financial growth.
