Home Business Pakistan Stock Exchange surges past 167,000 points after strong rally

Pakistan Stock Exchange surges past 167,000 points after strong rally

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The Pakistan Stock Exchange (PSX) witnessed a strong upward trend on Wednesday as the benchmark KSE-100 Index continued its rally, gaining more than 1,500 points in early trading and surpassing the 167,000-point mark.

The bullish momentum follows a historic trading session on Tuesday, when the index soared by 7,000 points, closing at 165,476 points—one of the largest single-day gains in PSX history.

Tuesday’s surge was the second-biggest jump since the 10,000-point increase recorded on May 12, following Pakistan’s victory over India in a major cricket encounter, which had fueled investor optimism and market activity.

At the start of today’s session, the index climbed by 1,280 points, reaching 166,756 points, before extending its gains to 1,535 points during intra-day trading.

Market analysts attribute the rally to improving investor sentiment, strong economic indicators, and renewed confidence in Pakistan’s financial outlook after recent positive developments, including progress in talks with the International Monetary Fund (IMF) and expectations of further foreign inflows.

Investors remain optimistic that the momentum will continue if macroeconomic stability and policy consistency are maintained in the coming weeks.

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