KARACHI: The Pakistan Stock Exchange (PSX) continued its strong upward momentum today, with the PSX 100 Index reaching a new record high during trading.
The trading day began on a positive note, and throughout the session, the PSX 100 Index gained over 1500 points.
At one point, the index surpassed the 147,000-point mark, closing the day at 146,929 points—an increase of 1,547 points. The highest level recorded during the day was an unprecedented 147,005 points, setting a new benchmark for the market.
Market analysts attribute this surge to a combination of strong corporate earnings reports, renewed foreign investor interest, and optimism surrounding recent economic reforms. The banking, energy, and technology sectors were among the top contributors to today’s rally.
Traders noted that sustained buying activity from both local and institutional investors provided the market with solid support throughout the session.
They cautioned, however, that while sentiment remains bullish, upcoming macroeconomic indicators and policy announcements will be key in determining whether the rally continues.
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