PSX Achieves Historic Milestone, Surpassing 97,000 for First Time

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Sameer

The Pakistan Stock Exchange (PSX) continued its bullish trend, setting another record on Thursday.

During intraday trading, the KSE-100 index surged by 1,721.02 points, reaching an unprecedented 97,267.476 level, driven by investor optimism over recent policy rate cuts and an improving economy.

Read more: PSX Sees Rapid Gains Post IMF Deal

The rally began earlier in the week, with the index climbing 860 points to close at 95,856 on the second trading day, following a previous close at 94,995 points, with a turnover of Rs19.375 billion from 378,888,671 shares.

Experts attribute the consistent upward momentum to rising investor confidence and a favorable market outlook. The record-breaking performance reflects growing optimism surrounding Pakistan’s economic prospects.

The KSE-100 index’s continued rally underscores the strength of Pakistan’s equity markets and highlights the country’s improving investment climate.

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