KARACHI, PAKISTAN: The Pakistan Stock Exchange (PSX) remained firmly in the grip of bulls on Tuesday, with the benchmark index climbing steadily as investors showed renewed confidence in the market.
The rally was powered by strong institutional buying across major sectors including banking, energy, and fertilizers. Optimism was driven by growing expectations of monetary easing in the coming months, possible reforms in the energy sector to tackle circular debt, and a generally improving economic outlook. These factors provided the momentum needed to keep trading activity vibrant throughout the session.
Analysts observed that the KSE-100 Index reflected broad-based interest, as turnover and volumes surged to healthy levels. Although some profit-taking was witnessed towards the closing bell, the market managed to hold on to most of its gains, reflecting the underlying strength of investor sentiment.
Market watchers believe that if macroeconomic stability continues — supported by controlled inflation and clarity on government policies — PSX could maintain this bullish trend in the near term. However, they caution that global economic shocks, fluctuations in commodity prices, and regional geopolitical tensions remain potential risks that could trigger volatility.
For now, the bulls appear firmly in control, steering the market towards steady upward momentum.
This story has been reported by PakTribune. All rights reserved.