KARACHI: The Pakistan Stock Exchange (PSX) continued its strong upward momentum for the second consecutive day of the new year, with the benchmark KSE-100 Index recording a massive gain of over 2,600 points during intraday trading on Friday.
Trading opened on a positive note on the final business day of the week, pushing the KSE-100 Index beyond the 179,000-point mark. At one stage, the index surged by 2,661 points to reach an intraday high of 179,016 points.
By the close of the first trading session, the index was halted at 178,504 points. Market activity remained robust, with approximately 570 million shares traded, generating a turnover of Rs32 billion.
The bullish trend follows a strong performance on the first trading day of the year, when the KSE-100 Index gained more than 2,300 points to close at 176,355 points.
Market analysts attribute the rally to growing investor confidence driven by expectations of economic stabilization, declining inflation, and positive policy signals.
Optimism surrounding Pakistan’s macroeconomic outlook and improved fiscal indicators has continued to attract strong buying interest across key sectors.
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