Market Opens Week on a High with 780-Point Surge
The Pakistan Stock Exchange (PSX) made history on Monday by surpassing the 155,000 points mark for the first time ever, highlighting sustained investor confidence and robust trading activity. The market opened the week on a highly positive note, recording an impressive gain of 780 points within minutes of opening. This surge lifted the benchmark KSE-100 Index to a record-breaking level, reflecting continued bullish sentiment across key sectors.
Investor enthusiasm was notably strong in blue-chip shares, particularly in the energy, oil and gas, and cement sectors, which saw increased activity and capital inflows. Market analysts attributed the upward momentum to a combination of macroeconomic optimism, improved corporate earnings, and foreign inflows into the equity market.
Previous Gains Build Momentum for New Milestone
The historic high comes on the heels of Friday’s strong performance when the PSX closed at 154,277 points, breaking its previous records. During that session, the index briefly touched an intraday high of 154,511 points, setting the stage for Monday’s breakthrough above the 155,000 threshold.
On Friday, trading activity was also exceptionally high, with 479 companies participating in transactions. Of these, 239 companies saw gains, while 210 stocks declined, and 30 remained unchanged — reflecting a balanced yet positive sentiment.
The day’s total trading volume reached Rs10.773 billion, with the total traded value climbing to Rs59.90 billion, underlining the strong liquidity in the market.
This back-to-back rally signals growing investor trust in the PSX as a stable and potentially rewarding avenue, amid improving economic indicators and favorable policy outlooks.
