KARACHI: The Pakistan Stock Exchange (PSX) witnessed robust bullish activity on the opening day of the new trading week, with the benchmark index climbing to an all-time high, reflecting strong investor confidence and a positive outlook for the country’s financial markets.
At the commencement of trading, the KSE-100 Index recorded a significant gain of 854 points, enabling it to cross the 163,000-point milestone for the first time in history. This surge followed the previous week’s closing, when the index had settled at 162,257 points.
In early trade today, the market had already shown upward momentum with an initial jump of 663 points, which later extended as investor participation strengthened.
In parallel with the stock market rally, the local currency also showed signs of stability. According to the Exchange Companies Association of Pakistan, the rupee appreciated slightly against the US dollar in the interbank market, with the greenback slipping by 10 paisas to be quoted at Rs 281.27.
The simultaneous rise in equities and marginal strengthening of the rupee highlight improving sentiment across both capital and currency markets.
Analysts suggest that the gains point toward renewed optimism among investors, driven by expectations of economic stability and supportive financial indicators.
