The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Wednesday, fueled by positive economic indicators and sustained investor confidence.
The benchmark KSE-100 Index climbed by 1226.39 points, or 0.81%, to close at a new high of 152,201.87.
Investor interest remained strong across major sectors, including cement, commercial banks, fertilisers, oil and gas exploration, OMCs, power generation, and refineries.
Several heavyweight stocks traded firmly in the green, such as HUBCO, ARL, MARI, OGDC, PPL, POL, PSO, SNGPL, SSGC, and WAFI.
This marks the second consecutive day of significant gains. On Tuesday, the index had settled at 150,975.48, rising by 1,004 points, or 0.67%, as the market continued its upward momentum.
Analysts attribute the bullish sentiment to improving macroeconomic signals, attractive valuations, and expectations of further stability in key sectors, prompting both institutional and retail investors to accumulate positions.
