BUSINESS/FINANCE
PSX-100 Index Hits Record High at 88,022 Points, Marking Bullish Streak
The Pakistan Stock Exchange (PSX) has reached a historic milestone, as the PSX-100 Index soared to an all-time high of 88,022 points, reflecting a gain of 828.15 points (0.95%) in early trading. This marks the fourth consecutive day of a bullish trend, further boosting investor confidence in Pakistan’s financial markets.
Analysts attribute this surge to sustained foreign investments, strong corporate earnings, and positive macroeconomic developments. The index reached a day’s high of 88,047 points before closing, drawing international attention to one of the best-performing stock markets in the region.
With a one-year growth of 72.50% and a year-to-date (YTD) increase of 36.13%, the PSX has exhibited impressive resilience. Key sectors, including banking, energy, and technology, have driven this upward momentum. Over 122 million shares exchanged hands by mid-morning, showcasing robust trading activity.
Market analysts believe that with continued positive sentiment, foreign inflows, and favorable government policies, the PSX may continue its upward trajectory.