ISLAMABAD (PEN) : The Pakistan Stock Exchange (PSX) reached an unprecedented milestone this week, with the 100-Index crossing the 130,000-point threshold for the first time in its history.
Sharp Gains Propel PSX to New Heights
At the start of the trading week, the PSX 100-Index surged significantly, registering a peak intra-day gain of over 1,851 points. By market close, the index had climbed 1,335 points to settle at 129,534 points, marking a notable advance driven by heightened investor confidence.
Factors Behind the Bullish Trend
Market analysts attribute the sharp upward movement to improving economic indicators and growing optimism among investors regarding Pakistan’s financial outlook. The bullish sentiment signals renewed trust in the market’s potential despite ongoing challenges.
As trading volumes increase, experts anticipate sustained momentum that could reinforce the PSX’s position as a key regional financial hub.
This record-breaking rise reflects a positive shift in market dynamics, signaling growing investor interest in Pakistan’s equities. Continued monitoring will be essential to assess how long this trend persists amid evolving economic conditions.
