The Pakistan Stock Exchange (PSX) surged to new heights on Monday, nearly touching the 92,000-point threshold for the first time. The KSE-100 Index experienced a remarkable rise, climbing 1,022 points to a historic peak of 91,881, surpassing its previous intraday record of 91,872 points.
“This performance marks a significant milestone for the stock exchange, indicating a positive outlook for investors,” commented a senior market analyst. “If economic indicators continue to be stable, we may witness further gains in the near future.”
Earlier, PSX began the week on a strong note, with a bullish trend that pushed the benchmark index up by 786 points. This growth reinstated the 91,000-point level, positioning the KSE-100 Index at 91,645 points—a level last seen in periods of market strength.
Analysts attribute this trend to renewed investor confidence in Pakistan’s economic recovery. “The recent upward movement reflects optimism in the economic environment, and if this trend persists, more growth could follow,” noted a financial expert.
In parallel, the State Bank of Pakistan is set to unveil its new monetary policy today, with expectations of a 2–2.5% reduction in the interest rate. The Monetary Policy Committee, meeting under the governor’s leadership in Karachi, will evaluate both global economic factors and Pakistan’s economic conditions.
Inflation is anticipated to reach 6.5% in October, while the rupee remains stable, and foreign exchange reserves have reached a 30-month high.
