The Pakistan Stock Exchange (PSX) opened strongly on Friday with a record-breaking rally. The benchmark KSE-100 Index surged past 153,000 points, highlighting rising investor confidence.
According to market data, the index jumped more than 900 points in early trade. Shortly after opening, the KSE-100 Index was recorded at 153,587 points. This marked a new milestone for PSX as strong buying lifted the market higher.
The momentum reflects investor optimism in Karachi’s stock market. Analysts say positive economic signals and sectoral gains have supported the upward trend. The resilience of PSX continues to attract strong participation across multiple industries.
On Thursday, the bullish sentiment was also evident. The KSE-100 Index crossed the 153,000 level, supported by improved confidence and strong trading activity. Within minutes of opening, the index rose over 700 points, adding to its record-setting streak.
At the start of Friday’s session, the index advanced by 1,680 points, reaching 153,270. By 10 a.m., it stood at 152,974, showing a gain of 772 points or 0.51%. During intraday trade, the index touched a high of 153,117, reflecting solid appetite for stocks.
Market watchers noted that the rally was fueled by activity in key sectors, including banking, energy, and cement. Improved earnings reports and stability in currency markets have further strengthened investor sentiment.
Experts say PSX’s record performance signals confidence in Pakistan’s economic outlook. They believe the market could maintain its momentum if macroeconomic conditions remain favorable.
The recent surge highlights the PSX as one of the region’s most active markets. The KSE-100 Index, as its main benchmark, continues to reflect the strength of investor participation and market growth.
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