KARACHI – Pakistan Stock Exchange (PSX) witnessed record rally, with the benchmark KSE-100 Index touching 109,000 landmarks.
Stock market reached unprecedented levels, surpassing the 109,000-point mark during intra-day trading. This surge, which marks a historic milestone for the market, reflects strong investor optimism driven by key economic factors and promising developments across several sectors.
KSE-100 Index Movers
- Commercial Banks
- Fertilizer Oil & Gas Exploration Companies
- Cement
- Power Generation & Distribution
- Investment Banks, Investment Companies
- Technology & Communication
- Pharmaceuticals
- Oil & Gas Marketing Companies
- Food & Personal Care Products
- Refinery
- Textile
- Automobile
- Engineering
- Cable & Electrical Goods
- Leather & Tanneries
- Glass & Ceramics
- Real Estate Investment
- Chemical
- Transport
- Tobacco
- Sugar & Allied Industries
- Leasing Companies
- Property
Major contributors like Mari Petroleum, Hub Power, and Fauji Fertilizer are benefiting from positive economic indicators, including expectations of an interest rate cut, falling inflation, and a stable rupee.
The rally is further supported by strong performance in infrastructure and agricultural demand, alongside investor confidence in Pakistan’s economic recovery. Experts predict continued momentum, although market volatility and global economic conditions remain factors to watch.
Pakistan Stock Exchange gains over 1,200 points to close at fresh record 101,000
