The PSX recorded a strong rally on Friday, with the benchmark KSE-100 index rising by 888 points to close at 147,417.
This sharp increase restored the 147,000-point level, reflecting renewed confidence among investors. Analysts attribute the positive momentum to improving market sentiment and strong buying activity in key sectors.
Throughout the trading session, demand was seen in banking, energy, and cement stocks. Market experts said that expectations of economic stability and favorable corporate earnings supported the bullish trend.
The PSX had faced fluctuations in recent sessions due to global market uncertainty and domestic economic challenges. However, Friday’s performance showed a clear shift toward optimism, with trading volumes also increasing.
Investor confidence was further strengthened by expectations of policy continuity and positive macroeconomic indicators. Many traders believe that the market could sustain this upward trend if external factors remain stable.
Market analysts pointed out that the PSX has been resilient despite regional and international market pressures. The latest rally highlights investor willingness to take positions in fundamentally strong companies.
Economic observers also noted that Pakistan’s stock market remains sensitive to political and policy developments. Any favorable news on reforms, foreign investment, or economic agreements could further boost market activity.
For now, the sharp gain in the KSE-100 index is seen as a positive sign for the market’s short-term outlook. The restored 147,000-point level may encourage more participation from both institutional and retail investors in the coming week.
In other news read more about Petrol, Diesel Prices May Fall by Up to Rs11.75 per Litre in Pakistan
