ISLAMABAD: (Syed Yaseen Hashmi)- Pakistan Stock Exchange (PSX) witnessed a historic surge on the first day of the trading week, with the benchmark KSE-100 index reaching unprecedented levels.
At the start of trading, the KSE-100 index jumped by 1,355 points, climbing to 190,522 points. During the morning session, the index recorded a total gain of over 1,800 points, marking a historic milestone.
For the first time, the KSE-100 crossed the psychological barriers of 190,000 and 191,000 points. At one point, the index surged by 1,866 points to touch a record high of 191,033 points, while at another stage it traded at 190,715 points after a 1,549-point increase.
The rally was led by strong buying in key sectors, including cement, fertilizers, energy, oil & gas, as well as notable demand in technology and pharmaceutical shares.
Brokers attributed this exceptional surge to expectations of a potential cut in the upcoming monetary policy interest rate, which boosted investor confidence and fueled market momentum.
The PSX rally reflects renewed optimism among investors, signaling strong market sentiment and confidence in Pakistan’s economic outlook.
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