KARACHI – Pakistan: The Pakistan Stock Exchange (PSX) witnessed a powerful resurgence on Monday, with the KSE-100 Index soaring by more than 3,000 points in intraday trading — a remarkable recovery that reignited optimism across the financial markets.
After weeks of volatility and subdued trading, bullish momentum returned in full force as investors poured back into the market. The rally was driven by renewed confidence in economic fundamentals, expectations of policy continuity, and stronger signals from global markets.
Energy, banking, cement, and technology sectors led the charge, with heavyweight stocks posting significant gains as institutional investors re-entered the buying zone. Analysts said the surge reflected both value-based buying and short-covering as the index clawed back lost ground.
According to market observers, the turnaround was fueled by optimism surrounding Pakistan’s ongoing economic review process and potential inflows tied to fiscal reforms. The local currency’s relative stability and improving external account position further reinforced positive sentiment among traders.
Despite the bullish push, experts caution that sustained growth will depend on political clarity, fiscal discipline, and consistent policy measures to maintain investor trust.
For now, however, the mood on the trading floor was unmistakably upbeat — a strong sign that the bulls are back in control.
This story has been reported by PakTribune. All rights reserved.