The PSX Market Rally continued strongly on Thursday as the Pakistan Stock Exchange extended its bullish momentum, with the benchmark KSE-100 Index gaining more than 1,480 points during early trading. Investor confidence remained high, driving consistent buying activity across multiple sectors.
During the session, the PSX Market Rally pushed the KSE-100 Index to 173,187.93 points, marking an increase of 1,483.18 points or 0.86% compared to the previous close. The index also recorded an intraday high of 173,187.93 and a low of 171,541.04, reflecting steady upward movement throughout the day.
Market participation remained strong as trading volume reached 238.8 million shares, while the total value of trades stood at approximately Rs21.87 billion. Analysts noted that active investor participation played a key role in sustaining the upward trend in the market.
The PSX Market Rally was largely driven by positive sentiment linked to easing geopolitical tensions between the United States and Iran. Expectations of improved diplomatic relations encouraged investors to shift toward equities, boosting demand in the stock market.
Blue-chip stocks from key sectors such as banking, fertiliser, and oil and gas led the gains. These sectors attracted significant buying interest as investors anticipated improved economic stability and better corporate performance in the coming months.
Earlier sessions also showed strong momentum, with the PSX recording a massive rally of nearly 7,000 points in a single day. The surge was fueled by optimism surrounding a possible peace agreement and reduced global uncertainty in energy markets.
Overall, the ongoing PSX Market Rally reflects renewed investor confidence, improved risk appetite, and strong market fundamentals. Analysts believe that if positive macroeconomic and geopolitical trends continue, the bullish momentum may persist in the coming sessions.
