KARACHI: The Pakistan Stock Exchange (PSX) continued its unstoppable upward march on Friday, with the KSE-100 index soaring past the historic 145,000 points mark, setting yet another record in its ongoing bullish drive.
Investor optimism remained high as banking stocks led the charge, with major players such as Habib Bank, National Bank, United Bank, Meezan Bank, and Engro driving the surge. Market analysts noted that renewed confidence following the Pakistan-US trade agreement and improving macroeconomic signals further fuelled the momentum.
According to market data, the index recorded an impressive gain of 2,051 points (1.43%), closing at an unprecedented 145,088 points. The rally has not only sustained but strengthened, reflecting robust institutional participation and renewed retail investor interest.
Experts believe the strong upward trajectory is a result of policy clarity, foreign inflows, and sectoral strength, particularly in financials and energy. However, they caution that maintaining this pace will depend heavily on fiscal discipline, global economic stability, and continuity in economic reforms.
The record-breaking spree at PSX has placed Pakistan’s equity market firmly in the spotlight, with expectations of further highs if supportive policies continue.
This story has been reported by PakTribune. All rights reserved.