Pakistan Stock Market Hits Historic High as Investor Optimism Grows
The Pakistan Stock Exchange (PSX) saw a historic surge on Wednesday, with the benchmark KSE-100 Index crossing the 145,000-point threshold for the first time. By market close, the index had climbed 2,076 points or 1.45%, ending the day at 145,113.59.
The rally was driven by widespread buying across key sectors, including banking, oil and gas, refineries, and automobile manufacturers. Heavily weighted stocks like OGDC, POL, MCB, UBL, and SNGPL all posted solid gains. Pakistan Stock Market Hits Historic High as Investor Optimism Grows
Market analysts pointed to a mix of stabilising macroeconomic indicators as the main catalyst. With inflation under control and the Pakistani rupee showing resilience, investors have grown more confident.
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Rising exports, especially in the textile sector, and signs of improving relations with global partners have further boosted sentiment.
This marks the second day of gains for the PSX. On Tuesday, the index had already broken previous records, and Wednesday’s session continued that upward momentum, pushing the market into uncharted territory.
