KARACHI: Pakistan Stock Exchange opened the new fiscal year with a historic rally, shattering previous records as investors rushed to buy shares across sectors. The benchmark PSX-100 Index surged by an extraordinary 2,572 points, closing at 128,199, the highest level ever recorded in the country’s stock market history.
During intraday trading, the index climbed as high as 128,475, reflecting renewed investor confidence amid expectations of economic reforms and stability. The trading session saw broad-based gains led by banking, energy, and cement stocks.
Market analysts attributed the rally to improving macroeconomic indicators, anticipation of positive policy measures, and fresh liquidity inflows from local and foreign investors.
This remarkable performance marks a robust start to the fiscal year, fueling optimism that the momentum may continue in the coming weeks.
