KARACHI – The Pakistan Stock Exchange (PSX) soared to an all‑time high on Wednesday as the benchmark KSE‑100 Index surged past 144,000 points, fueled by strong buying in oil, banking, and power sectors.
The index gained approximately 1,250 points, or 0.87 percent, during intraday trading. Analysts credited the rally to improved investor confidence, steady liquidity inflows, and optimism about Pakistan’s economic stability and fiscal measures.
Market experts noted that the breach of the 140,000 resistance level signaled growing investor trust, with key sectors such as energy, banking, and power generation driving the upward momentum.
Traders also cited positive macroeconomic developments, including remittance support and expectations of timely fiscal funding, as catalysts for the market’s record‑breaking performance.
Analysts expect the bullish trend to continue if macroeconomic indicators remain favorable, with the PSX showing strong potential for further growth in the coming weeks.
This story has been reported by PakTribune. All rights reserved.