Pakistan Stock Exchange (PSX) witnessed a historic trading session on the fourth day of the trading week, as bullish momentum pushed the benchmark KSE-100 index past the psychological barrier of 172,000 points for the first time.
Market activity remained buoyant throughout the day, with the index climbing to 172,248 points, reflecting strong investor confidence. By the end of trading, the KSE-100 settled at 171,960 points, up 1,646 points from the previous session.
Despite minor intraday volatility, where the index briefly touched a low of 170,804 points, buyers quickly took control, keeping the overall trend firmly positive. In the previous session, the market had closed at 170,313 points, highlighting the scale of the day’s advance.
According to market experts, sustained interest in blue-chip stocks and expectations of economic stability are fuelling the rally. Analysts believe that easing inflationary trends and improving corporate earnings outlook are encouraging local and institutional investors to add to equities.
Experts caution, however, that when momentum remains strong, short-term gains can be stretched. They advise investors to focus primarily on stable stocks as the market seeks new highs.
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