KARACHI – The Pakistan Stock Exchange extended its historic bullish streak into the fourth consecutive session, with the KSE‑100 index briefly vaulting past the 146,000-point mark before closing at approximately 145,600. The intraday high reached 146,081 before settling, marking a gain of over 990 points or 0.7 percent—the latest in a series of record-setting performances across the week.
Market analysts attributed the surge to a wave of positive corporate earnings and renewed investor confidence. Banking and fertilizer sectors led the rally, while energy and exploration stocks gained ground amid optimism over remittance-led liquidity injections and renewed efforts to resolve the circular debt crisis in the power sector. Strong fiscal data, including better-than-expected revenue growth and a narrowed deficit, also bolstered market sentiment.
Prime Minister Shehbaz Sharif hailed the rally as indicative of growing investor faith in government policies and economic direction. Analysts now project the index could reach as high as 165,000 by December if supportive economic trends persist and corporate profitability remains elevated.
The PSX’s latest performance reinforces its position as one of Asia’s most dynamic equity markets, fueled by structural reform and a sustained recovery in investor confidence.
This story has been reported by PakTribune. All rights reserved.