Islamabad 4 August: The Pakistan Stock Exchange (PSX) kicked off the business week on a high note, with the benchmark KSE-100 Index crossing the 142,000-point mark for the first time in history during intraday trading on Monday.
The index surged over 1,100 points in early trade, extending its bullish trend from the previous session, when it had jumped 1,644 points to close at 141,034. The record-breaking rally reflects renewed investor optimism fueled by improving economic indicators and recent pro-market developments.
Analysts attribute the momentum to stable macroeconomic policies, rising foreign investor interest, and a wave of positive agreements on the diplomatic front.
Investor sentiment was further bolstered by Pakistan’s recent trade diplomacy, including the signing of eight bilateral agreements with Iran aimed at boosting trade to $10 billion, and a landmark trade pact with the United States focused on market access, energy collaboration, and joint resource exploration.
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The confluence of economic stability and international cooperation is being seen as a strong signal of growth potential, with the PSX becoming a key indicator of confidence in the country’s financial future.
