KARACHI: The Pakistan Stock Exchange (PSX) witnessed another historic rally on Thursday as the benchmark KSE-100 Index surged beyond the 168,000 mark for the first time in its history, continuing a strong upward momentum that began earlier in the week.
At the start of the trading session, the index jumped by 593 points, taking it to 166,233 points. Investor activity remained robust throughout the day, and the positive trend gained further strength, with the index soaring by 2,398 points to reach 168,039 points during intra-day trading.
According to the latest market figures, the KSE-100 Index was trading at approximately 168,260 points, reflecting a significant boost in investor confidence and highlighting strong buying interest across multiple sectors.
This development follows a bullish streak in the opening sessions of the week, when the market had already recorded an impressive gain of over 3,000 points in just two consecutive trading days, setting the tone for continued optimism.
Market experts believe that the surge is being driven by a combination of improving macroeconomic indicators, renewed optimism surrounding economic reforms, and favorable developments in the energy and external financing sectors.
Analysts further suggest that consistent foreign inflows and positive sentiment around government policies have played a critical role in supporting the rally and pushing the market to record-breaking levels.
