KARACHI: The Pakistan Stock Exchange (PSX) extended its historic rally on Wednesday as strong investor confidence propelled the benchmark KSE-100 Index beyond the unprecedented 186,000-point level for the first time.
On the third trading session of the week, the market opened firmly, with heavy buying activity observed across major sectors. In early trading hours, the KSE-100 Index jumped by over 1,700 points, reaching a new all-time intraday high of 186,768 points.
The continued upward momentum highlights increasing investor optimism, driven by improving economic indicators and a positive outlook for the market. Analysts say sustained confidence and stability are encouraging investors to increase their exposure to equities.
The rally builds on gains from the previous session, when the PSX had already recorded a historic close. On Tuesday, the KSE-100 Index surged by 2,653 points to finish at 185,062 points, its highest closing level at that time.
Market experts believe that if favorable economic conditions persist, the bullish trend at the Pakistan Stock Exchange is likely to continue in the near term, potentially leading to further record-breaking performance.
