The Pakistan Stock Exchange (PSX) witnessed a significant bullish trend as the benchmark KSE-100 Index surged past the 114,000-point mark during trading.
At one point, the index gained over 1,590 points, reaching 114,796 points, while another update saw a 1,426-point increase, bringing it to 114,632 points. A third trading session recorded a 1,030-point rise, taking the index to 114,230 points.
Stockbrokers attributed this surge to strong financial results from listed companies, boosting investor confidence. Sectors such as banking, oil, cement, and pharmaceuticals saw increased buying activity, further driving the upward momentum.
Analysts remain optimistic about the market’s performance, citing positive economic indicators and corporate earnings as key factors behind the bullish trend.
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