Karachi: The Pakistan Stock Exchange (PSX) marked a historic milestone today as the benchmark KSE-100 Index soared past the 165,000 level during intraday trading, reflecting robust investor confidence and strong market momentum.
The index surged by over 1,300 points, reaching an all-time high of 165,200 points, compared to the previous closing of 163,847 points recorded just a day earlier.
This remarkable rally underscores continued bullish sentiment in the market, fueled by positive macroeconomic indicators, easing inflationary pressures, and improved investor participation across key sectors.
Market analysts suggest that investor optimism is being driven by expectations of economic stability, ongoing reforms, and renewed foreign interest in Pakistani equities.
The latest surge adds to the PSX’s impressive performance in recent months, positioning the KSE-100 Index as one of the top-performing indices in the region.
On the other side in interbank currency market, the Pakistani Rupee appreciated slightly against the US Dollar. The dollar rate dropped by 5 paisa, declining from Rs. 281.35 to Rs. 281.30.