The Pakistan Stock Exchange extended its rally on Tuesday as the KSE-100 Index surged by 1,151 points, closing at an all-time high of 119,687. This continued momentum follows a dramatic 10,000-point leap in recent sessions, bringing the index within striking distance of the psychological 120,000 barrier.
Market experts view this as a sign of growing investor confidence and strengthening economic fundamentals. International financial outlets have praised Pakistan’s market performance, calling it a “financial miracle” in the region.
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Brokers attribute part of the optimism to expectations surrounding circular debt payments, which could give a fresh boost to the oil and gas sector, fueling further gains.
With strong trading volumes and positive sentiment, the bullish trend appears poised to continue into the coming sessions.