KARACHI: The Pakistan Stock Exchange (PSX) on Monday soared past the 155,000-point mark, setting a new record in its history.
The week opened on a highly positive note as trading began with a surge of 780 points, propelling the benchmark index to unprecedented levels. Strong investor appetite was witnessed in blue-chip stocks, particularly within the energy, oil and gas, and cement sectors, which played a decisive role in pushing the market upward.
Just last week, the PSX had closed at 154,277 points, reflecting a steady upward momentum that has carried over into the new trading week. The latest rally demonstrates not only growing investor confidence but also a continuation of the bullish sentiment that has dominated recent sessions.
According to market analysts, this remarkable climb can be attributed to renewed investor trust, consistent global investment inflows, and a more stable outlook for Pakistan’s economy. The combination of these factors has generated optimism that the upward trajectory will be sustained.
Experts further highlight that Pakistan’s strengthened engagement with international lenders, particularly encouraging developments with the IMF, have bolstered confidence in the country’s financial system.
A comparatively stable currency and expectations of easing inflationary pressures have also helped create a more favorable environment for equity investors.
Meanwhile, business leaders and economic observers believe that if this momentum continues, the stock market could attract significant foreign portfolio investments in the months ahead.
Such inflows would not only consolidate the PSX’s standing but also enhance Pakistan’s visibility in global capital markets, signaling stronger economic resilience.
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