The Pakistan Stock Exchange (PSX) saw a historic surge on Thursday, as the KSE-100 Index rose by 797 points. This brought the benchmark index to an all-time high of 157,817 points, marking a significant milestone for investors.
Trading began on a strong bullish note. Within minutes of the market opening, the KSE-100 Index jumped 583 points, reaching 157,603. Analysts attributed the early gains to strong buying activity in major sectors.
Shares of cement, pharmaceutical, refinery, and IT companies were in high demand. Investors showed confidence in these sectors, driving the overall market momentum. The strong buying spree reflects growing optimism in the PSX.
Market experts noted that the rally is a result of steady investor interest and positive sentiment in the economy. The PSX has been showing resilience despite global market fluctuations. Thursday’s record-breaking performance highlights the market’s stability and potential for future growth.
The KSE-100 Index continues to attract both local and foreign investors. Analysts believe that continued focus on key sectors can sustain the upward trend. The PSX’s performance also boosts investor confidence in Pakistan’s financial markets.
Overall, the PSX’s historic rally demonstrates robust market activity. It reflects strong investor sentiment and positive trends in multiple sectors. Market watchers remain hopeful that the index will maintain momentum in the coming days.
This record surge at the PSX is a significant development for Pakistan’s stock market. With strong buying in key sectors and continued investor interest, the market is set to remain dynamic and promising.
In other related news also read PSX Extends Rally on Institutional Buying
