The Pakistan Stock Exchange continued its bullish momentum on Monday, with the KSE-100 Index reaching new historic levels amid volatile trading. The surge reflects strong investor confidence and sustained buying activity.
Trading opened on a positive note, with the Pakistan Stock Exchange jumping sharply by 964 points. The benchmark index crossed the historic 173,000-point milestone shortly after the opening bell, setting an optimistic tone for the session.
During intraday trading, the market surged further, climbing 2,011 points to hit a new record high of 174,412 points. However, profit-taking led to brief fluctuations, pulling the index slightly below 174,000 points at times. Despite this, the market remained largely positive throughout the day.
The benchmark index held above 173,000 points for most of the session. At one point, the KSE-100 Index traded at 173,440 points, showing a solid gain of 1,040 points. Analysts noted that broad participation across key sectors helped offset the impact of intraday selling.
Momentum from the previous week carried into Monday’s session. The Pakistan Stock Exchange had already shown strong buying in the last session of the prior week, with the KSE-100 Index closing at a record level on Friday. The index reached an intraday high of 172,582.95 points, laying the groundwork for Monday’s rally.
Market observers say the sustained bullish trend indicates ongoing optimism among investors. The ability of the index to stay above key psychological levels is seen as a sign of resilience in the near term.
The strong performance across major sectors demonstrates growing confidence in the stock market. Investors are closely watching the Pakistan Stock Exchange for further signals as trading continues amid volatility.
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Experts suggest that while short-term fluctuations may occur, the market’s ability to maintain gains highlights underlying strength and continued investor interest.
