The Pakistan Stock Exchange (PSX) ended the week on a high as the benchmark PSX-100 index crossed the historic 169,000 level. The market witnessed strong momentum on Friday, with the index closing at 169,869 points with a gain of 1,380 points. During intraday trading, the index also touched 169,941 points, reflecting strong buying activity across multiple sectors.
Compared to the previous close of 168,489 points, today’s rise reflects a sharp improvement in investor sentiment. Market insiders believe that this upward momentum signals renewed confidence in Pakistan’s economic direction, especially as policy stability and upcoming fiscal reforms continue to reassure participants.
Analysts say the latest rally is largely due to positive investor sentiment, strong corporate earnings, and expectations of further economic reforms under the IMF-backed framework. “The market’s ability to cross 169,000 points reflects growing optimism among local and foreign investors,” said a senior market analyst.
However, experts warn that external economic challenges such as global oil prices and currency volatility are key factors to watch in the coming weeks.
