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PSX 100-Index Surges by 2,770 Points as Bullish Momentum Persists

PSX 100-Index Surges by 2,770 Points as Bullish Momentum Persists

The Pakistan Stock Exchange (PSX) saw a remarkable rise on the second trading day of the week, continuing the positive trend from the previous day.

The market gained 2,770 points, surpassing the significant 12,000-point milestone in one session, reaching 118,453 points.

Read more: PSX Soars As Ceasefire Eases Investor Fears

Analysts attribute the market’s strong performance to news of a ceasefire and positive economic indicators, with the anticipated IMF loan tranche expected to further boost investor confidence.

Brokers suggest that if the current momentum continues, the PSX could hit a new all-time high.

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