PSX Record
ISLAMABAD: The Pakistan Stock Exchange (PSX) kicked off the week on a historic high, with the KSE-100 Index crossing the 135,000-point mark for the first time. On Monday, the PSX set another record, reaching the highest level.
Buoyed by strong investor confidence, the index gained over 1,200 points during intraday trading, peaking at a record 135,522 points. The session began on a positive note, opening with a 637-point increase as optimism swept across the trading floor.
PSX experts opinon
Market experts credited the rally to robust corporate earnings and the International Monetary Fund’s recent endorsement of Pakistan’s economic reform efforts. These factors helped reinforce investor sentiment, sparking a wave of buying activity.
The bullish momentum marked a milestone session for the PSX, as investors continued to respond positively to improving economic signals and policy direction.
Meanwhile, last week, the stock market closed on a bullish note. : The Pakistan Stock Exchange (PSX) kicked off the new business week on a high note, reaching an all-time record high on Monday as investor confidence continued to build.
For the first time in history, the benchmark KSE-100 index crossed the 133,000-point mark during intraday trading. The index surged by 1,160 points, reaching an unprecedented level of 133,109 points.
This rally extends a strong six-session streak in which the market has added a remarkable 10,000 points, signaling robust investor sentiment.
Market analysts attribute the bullish trend to several positive developments, including the final-stage progress of a trade agreement with the United States and the unveiling of a new 10-year industrial policy, both of which have fueled hopes of sustained economic growth.
Adding further momentum is the recent announcement of a $2 billion investment agreement with Azerbaijan, which is being hailed as a major boost to Pakistan’s economic outlook.
