KARACHI: The Pakistan Stock Exchange (PSX) soared to an all-time high on Monday, with the benchmark KSE-100 Index crossing the historic 94,000-point milestone amid strong bullish trends.
The stock market opened the week on a positive note, achieving consecutive record highs throughout the trading session.
The KSE-100 Index initially rose by 408 points to reach 93,700, continuing to climb by another 551 points to hit 93,845. A few moments later, the index gained a further 728 points, reaching a record 94,020 points – a level never seen before in PSX history.
This surge reflects renewed investor confidence in Pakistan’s market, which has shown consistent growth since the start of the trading week. Analysts attribute the positive momentum to factors such as improved market sentiment, stronger economic indicators, and increased foreign and local investment interest.
For the first time in history, the Pakistan Stock Exchange (PSX) surged past the 93,000-point milestone on Friday, as the KSE-100 index rose by 480 points, reaching a record high of 93,001 points.
Economists attribute the market’s growth to the anticipation of Pakistan’s improved economic rating and positive outlook on economic reforms. The session opened on a high note, with the 100 index initially gaining 250 points, climbing to 92,770 points before the day’s peak. The market closed the previous day at 92,520 points.
