PSX extends rally as KSE-100 Index closes above 184,500 points

PSX extends rally as KSE-100 Index closes above 184,500 points
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Summary The Pakistan Stock Exchange maintained its bullish momentum, with the KSE-100 Index crossing 185,000 intraday before closing 470 points higher at 184,520.

KARACHI (Dunya News) - The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Thursday as the benchmark KSE-100 Index crossed the 185,000-point mark during intraday trading before settling at another all-time closing high.

Investor confidence remained strong throughout the trading session, driven by sustained buying interest across key sectors. During early trading, the benchmark index surged by more than 1,500 points, reaching an intraday high of 185,665 points, the highest level recorded during the session.

Although the market gave up part of its gains later in the day due to profit-taking, overall sentiment remained positive. By the close of trading, the KSE-100 Index had gained 470 points, ending the session at 184,520 points, extending the bullish streak witnessed in recent sessions.

Trading activity also remained robust. A total of 423.47 million shares changed hands during the day, with the total value of traded shares amounting to approximately Rs44.40 billion, reflecting strong investor participation.

The latest gains came after another exceptional session on Wednesday, when the benchmark index jumped 3,748 points to close at 184,050 points, marking one of the strongest single-day advances in recent months.

Market analysts said continued optimism over Pakistan's macroeconomic outlook, expectations of economic reforms, improving investor sentiment, and institutional buying have helped fuel the recent rally at the Pakistan Stock Exchange.

The benchmark index has repeatedly set new records in recent weeks as investors responded positively to expectations of lower inflation, improved fiscal management, stronger corporate earnings, and greater economic stability.

Analysts also noted that banking, energy, cement, and blue-chip stocks continued to attract buying interest, while healthy trading volumes indicated sustained confidence among both institutional and retail investors.

Despite the positive momentum, market experts advised investors to remain cautious, noting that periods of profit-taking are common following sharp rallies. They emphasized that future market performance will continue to depend on economic indicators, corporate earnings, monetary policy, and developments in Pakistan's fiscal and reform agenda.

The Pakistan Stock Exchange remains one of the region's best-performing equity markets this year, supported by improving investor confidence and expectations of continued economic stabilization.

 

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