The Pakistan Stock Exchange (PSX) extended its bullish momentum on the first trading day of the week, with the KSE-100 Index climbing over 1,000 points during early hours.
This sharp upward movement was fueled by positive investor sentiment following a recent trade agreement with the United States, which included reduced tariffs. By early trading, the benchmark index had risen to 141,669 points, up from Friday’s close of 141,034, and briefly touched 142,174.23, signaling renewed market optimism.
The rally builds on Friday’s strong performance, when the index surpassed the 141,000 mark for the first time. Despite initial selling pressure that saw the index drop 433 points, it rebounded sharply by midday and ended the session with a gain of 1,644.56 points (1.18%), closing at 141,034.98.
Analysts attribute the current upward trend to improving economic sentiment, especially after the US-Pakistan trade breakthrough, which reassured investors. Reduced political tensions and signs of corporate stability further bolstered confidence.
While the market mood remains upbeat, experts caution that sustained progress will depend on macroeconomic trends, policy reforms, and how well the trade deal is implemented. If the current momentum holds, the PSX could see continued growth in upcoming sessions.
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