The Pakistan Stock Exchange (PSX) surged past the 156,000-point mark for the first time in its history on Monday, buoyed by strengthening macroeconomic indicators and the continued appreciation of the Pakistani rupee against the US dollar.
The KSE-100 benchmark index hovered at 156,080.79 points, reflecting a gain of 1,803.6 points, or 0.63 percent, from the previous close of 154,277.19. The market remains open, with trading activity still underway.
Analysts attribute the bullish momentum to growing investor confidence amid signs of economic stability.
The recent improvement in Pakistan’s macroeconomic outlook, driven by declining inflation, increased foreign exchange reserves, and progress in fiscal reforms, has played a key role in fueling positive sentiment.
In addition, the Pakistani rupee’s recovery against the dollar has further strengthened market optimism, especially in sectors reliant on imports and foreign debt exposure.
On Friday, the KSE-100 Index also registered bullish trend, gaining 1,611.47 more points, a positive change of 1.06 percent, closing at 154,277.19 points against 152,665.72 points last trading day.
A total of 1,078,410,471 shares were traded during the day as compared to 954,327,333 shares the previous trading day, whereas the price of shares stood at Rs 59.949 billion against Rs 46.053 billion on the last trading day.
As many as 479 companies transacted their shares in the stock market, 239 of them recorded gains and 210 sustained losses, whereas the share price of 30 companies remained unchanged.
