KARACHI – The Pakistan Stock Exchange (PSX) soared past the 141,000‑point barrier on Thursday, driven by strong investor confidence following the announcement of a landmark trade agreement between Pakistan and the United States.
The KSE‑100 index opened with upward momentum, climbing to a new intraday high before settling with a gain of nearly 1,000 points compared to the previous close. Market analysts said the rally was primarily fueled by expectations of economic growth and foreign investment spurred by the trade deal.
The agreement is expected to reduce tariffs and enhance cooperation in key sectors, including energy, mining, and information technology. Investors showed particular interest in energy and exploration stocks, reflecting optimism over potential joint projects and the development of Pakistan’s oil reserves under the new partnership.
Analysts noted that the rally was further supported by a stable rupee and improved outlook for Pakistan’s sovereign bonds. Recent policy measures, coupled with an encouraging external account position, have reinforced investor sentiment in the equity market.
Significant gains were recorded in the banking, energy, and textile sectors, with high trading volumes reflecting strong institutional participation. Market observers believe that if the trade agreement translates into timely tariff reductions and foreign investment inflows, the PSX could maintain its upward momentum in the coming weeks.
This story has been reported by PakTribune. All rights reserved.