Karachi: The arrival of the new year on the Pakistan Stock Exchange brought good news for investors, as the continuous buying trend took the market to new heights.
During business activities, the KSE 100 index recorded an increase of more than two thousand points, and the index crossed the psychological threshold of 176 thousand points and reached the highest level in history.
According to market sources, significant buying was seen in the banking, energy and cement sectors, which strengthened the overall market sentiment.
According to economists, this boom is not just short-term but a reflection of the long-term investment trend.
A chief strategist at a brokerage house said,
“Fiscal discipline, lower inflation and expectations of possible interest rate easing have given new energy to the stock market.”
Experts warned that although the market is in a positive zone, investors should also take into account the potential pressure of profit-taking
