PSX-100 index reaches unprecedented peak during bullish trend

The Pakistan Stock Exchange (PSX) sustained its bullish trend, with the benchmark KSE-100 Index attaining fresh peaks.

The index ascended by 600 points, surpassing the 86,000 threshold to conclude at 86,100 points, signifying a notable achievement in market performance.

Earlier in the day, the KSE-100 Index increased by 335 points, concluding at 85,818 points before persisting in its upward trend. The rise is fueled by investor optimism, supported by favorable economic statistics and robust performances in key industries.

Market analysts ascribe this gain to revitalized market confidence, bolstered by heightened foreign investment and favorable corporate earnings reports that stimulate bullish mood. Traders anticipate the market will maintain its upward trajectory in the forthcoming days.

The PSX attracts significant interest from both domestic and foreign investors, as elevated liquidity and increasing investor engagement propel unprecedented trading volumes.