PSX surges over 1,400 points

PSX Surges Over 1,400 Points in Early Trading

The PSX surges over 1,400 points as strong buying activity lifted the benchmark KSE-100 Index during Thursday’s trading session. Investors remained optimistic about Pakistan’s economic outlook, helping the market extend its recent gains amid healthy trading volumes and broad-based participation across major sectors.

By midday, the KSE-100 Index had climbed 1,464 points, or 0.8%, to reach 185,514.10 compared with the previous close of 184,050.10. During the session, the benchmark touched an intraday high of 185,890.52 and a low of 184,840.56, reflecting sustained upward momentum throughout the trading day.

Trading activity remained robust as investors exchanged nearly 264.97 million shares with a total market turnover of approximately Rs24.65 billion. The positive sentiment was visible across several sectors, indicating continued confidence among both institutional and retail investors.

Market analysts said the PSX surges over 1,400 points was supported by expectations of stable macroeconomic conditions, improving corporate earnings and continued foreign investor interest. Banking, energy and fertiliser companies were believed to be among the leading contributors to the rally, although detailed stock-wise performance was still awaited.

The latest advance follows a sharp rebound witnessed in the previous trading session. On Wednesday, the KSE-100 Index gained 3,748.40 points, or 2.08%, to close at 184,050.10 after aggressive buying in heavyweight sectors boosted overall market confidence.

Investors are also closely monitoring developments affecting Pakistan’s economy, including exchange rate stability, energy sector reforms and future monetary policy decisions by the State Bank of Pakistan. Positive economic indicators continue to strengthen expectations of sustained market performance.

The PSX surges over 1,400 points highlights renewed investor confidence in Pakistan’s equity market. If favourable economic trends continue and corporate earnings remain strong, market participants expect the KSE-100 Index to maintain its positive momentum in the coming sessions.

 

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