PSX Crosses Historic 100,000 Mark Amid Economic Optimism

The Pakistan Stock Exchange (PSX) has achieved a historic high, with the KSE-100 index crossing 100,000 points for the first time in its history. On Thursday, the index surged by 1,077 points, closing at 100,346 points amid a month-long rally driven by reports of economic stability.

Investor confidence soared following the IMF loan disbursement and reassurances from the government that no mini-budget would be introduced. The surge also reflects trust in Pakistan’s economic trajectory, with robust buying activity in key sectors such as cement, banking, oil and gas, and pharmaceuticals.

The week was marked by volatility, with the KSE-100 index fluctuating due to political uncertainties, including PTI’s protests in Islamabad. Despite setbacks, the market rebounded strongly, with bulls driving the index to record highs.

Analysts credit the rally to improved investor sentiment and government measures to stabilize the economy. The PSX is now being closely watched for further milestones in the months ahead.