Pakistan Stock Exchange Benchmark KSE-100 Index Crosses Historic 158,000 Mark

 

Photo by Nahi Khabar 24/7 – via Personal Collection

The Pakistan Stock Exchange (PSX) rose by 1,696 points on Thursday and closed at a historic high of 157,873 following a defense agreement between Pakistan and Saudi Arabia.

According to PSX data, the index gained over 1,200 points during intraday trading, fueled by robust buying in banking, energy, and technology sectors. Market analysts attributed the bullish momentum to positive macroeconomic indicators, improved foreign exchange reserves, and expectations of favorable government reforms.

“This is a historic moment for Pakistan’s capital market,” said a senior market analyst. “Improved investor sentiment, combined with institutional buying, has driven the index to record highs.”

The rally also comes amid reports of increased foreign portfolio investment, as international investors respond positively to Pakistan’s economic stabilization measures. Experts note that while the milestone marks a positive trend, sustainability will depend on consistent policy continuity and regional stability.

The PSX has experienced record-breaking sessions over the past several weeks, with trading volumes surging to new highs. Investors are hopeful that the market will continue to gain momentum in the coming months.