Karachi:The Pakistan Stock Exchange (PSX) witnessed another historic surge on Thursday, with the benchmark index climbing to an all-time high for the third consecutive day. Investor confidence, coupled with signs of economic stability, has propelled the market to levels never seen before.
At the opening bell, the 100-index surged by 836 points, quickly reaching 153,038 points, a fresh record. The bullish trend continued through the session, with the index further gaining 1,084 points to hit 153,286 points, marking the highest level in PSX history.
This upward trajectory follows Wednesday’s strong performance, when the index closed 1,560 points higher at 152,535 points. Analysts attribute the consistent rally to a mix of strong investor sentiment, favorable government policies, and improving macroeconomic indicators.
Market experts noted that despite intraday volatility, the overall momentum has remained positive, signaling renewed optimism in the financial sector. “The record-breaking streak shows growing investor trust in Pakistan’s economic recovery,” a brokerage analyst commented.
According to business circles, government efforts to stabilize the economy — including fiscal reforms, steps to control inflation, and initiatives to boost foreign investment — have strengthened the outlook. The positive momentum has also been supported by foreign inflows and expectations of continued policy consistency.
The surge has positioned PSX among the top-performing markets in the region. Experts believe the trend could attract further local and international investments, provided that political stability and reform measures sustain the economic momentum.
The historic milestone has been hailed by market players as a sign of resilience and a potential turning point for Pakistan’s financial markets.
