KARACHI: Pakistan’s stock market continued its upward streak on Monday, with the PSX 100-Index registering a phenomenal rise of 1,421 points, closing at a record-breaking 133,370 points.
This surge represents a fresh wave of optimism in the financial sector, with investors reacting positively to recent economic developments. During the day, the index hit a peak of 133,862 points, the highest ever recorded in the exchange’s history.
Just last Friday, the index had ended at 131,949 points, making today’s performance one of the most remarkable single-day gains in recent months. Market experts attribute the bullish trend to improving economic conditions, enhanced investor confidence, and expectations of favorable government policies.
This new high is a reflection of increasing market stability and could signal continued growth in the near future, especially if macroeconomic indicators remain positive.
