The PSX (Pakistan Stock Exchange) made history on Monday by crossing the 147,000-point mark for the first time ever. This major milestone reflects strong investor confidence and increased activity across several key sectors.
The benchmark KSE-100 index surged during intraday trading, reaching a record high of 147,005 points. The index later closed slightly lower at 146,929.84 points. Despite the small drop from its peak, the day ended with a gain of 1,622 points.
This rally was supported by solid performances in sectors such as oil and gas, auto, banking, refinery, and fertilizers. Analysts say the buying trend was driven by positive economic indicators and strong corporate earnings.
The PSX has shown consistent growth in recent weeks. Investors appear encouraged by macroeconomic stability, falling inflation, and improved expectations for corporate profitability. Local and foreign investors both contributed to the high trading volume seen on Monday.
Market experts believe this surge is part of a broader recovery in the financial sector. They also credit government reforms and efforts to improve the investment climate in Pakistan.
The PSX rally is seen as a sign of growing optimism in the business community. High participation levels and sector-wide gains suggest that momentum may continue in the near term.
If the current trend holds, the market could push even higher in the coming days. However, analysts warn that investor caution will still depend on inflation data, policy decisions, and global economic factors.
This historic rise in the PSX marks a strong start to the trading week and a potential turning point for Pakistan’s equity market.
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