Karachi: The Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Wednesday, with the KSE-100 Index climbing over 2,400 points to cross the 160,000 mark, driven by broad-based buying across major sectors.
Investors showed strong interest in banking, cement, and technology stocks, contributing to the bullish momentum. Analysts attributed the surge to positive market sentiment following expectations of economic reforms, improved foreign inflows, and corporate earnings growth.
“The market is experiencing broad-based buying, reflecting investor confidence and optimism in key sectors,” said a senior market analyst. The KSE-100’s breakthrough above 160,000 points is seen as a significant psychological milestone for traders and investors alike.
Trading volumes also increased, indicating active participation by institutional and retail investors. Market experts suggest that sustained gains will depend on government policy clarity, macroeconomic stability, and continued foreign investment.
The upbeat performance at PSX reflects renewed optimism in Pakistan’s equity market, signaling potential for further growth in the coming sessions.
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