KARACHI: The stock market opened on a strong positive note on the first trading day of the week, with the benchmark index surging past the psychological 180,000-point level during early trading.
The KSE-100 index jumped by 1,223 points to reach 180,500 points, reflecting renewed investor confidence and bullish sentiment across major sectors.
Market analysts said the rally comes after last week’s volatility, when the index had dropped by 2,475 points before closing at 178,922. During the previous sessions, the market had touched an intraday high of 182,185 and a low of 177,836, showing significant fluctuation.
Experts attributed the latest upward momentum to improved investor expectations, sector-wide buying activity, and renewed optimism in economic indicators. However, they cautioned that volatility may persist in the short term depending on political and global economic developments.
The recovery has restored confidence in equities after a week of pressure, with traders closely watching upcoming policy signals and corporate earnings for further direction.
