KARACHI: Riding a wave of optimism, the Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday, with the benchmark KSE-100 index surging past the 151,285-point mark during trading — an increase of more than 1,000 points.
The rally builds on Tuesday’s strong close, when the index gained 837 points to settle at 150,016, crossing the psychological barrier of 150,000 for the first time. In just two consecutive sessions, the market has climbed nearly 1,900 points, reflecting renewed investor confidence.
Market watchers attribute the bullish streak to improving sentiment, with expectations of policy stability and liquidity inflows driving institutional participation. Analysts caution, however, that sustainability will hinge on macroeconomic indicators including inflation, interest rates, and currency stability.
