The Pakistan Stock Exchange witnessed a robust start to the trading day with an impressive surge of 2,940 points.
The significant rise helped the market simultaneously cross and restore three key psychological levels — 115,000, 116,000, and 117,000 points — boosting investor confidence.
As the fourth trading day of the week began, investors remained hopeful for continued improvement. Market sentiment was buoyed by several positive developments, including a 90-day pause in the US-China tariff war announced by former President Trump, which led to a global rally in stock markets.
Additionally, the falling prices of oil in the international market are seen as favorable for Pakistan’s economy and stock performance. Brokers also credit the positive outlook to encouraging updates from the Mineral Investment Forum, which have further strengthened market sentiment.
Experts anticipate that the bullish trend could sustain, provided the current global and local economic signals remain positive.
