The Pakistan Stock Exchange (PSX) achieved a historic milestone on Monday, crossing the 155,000-point mark for the first time. The index opened the week with a strong gain of 780 points, reflecting positive investor sentiment and continued momentum from previous sessions.
During the trading session, the benchmark KSE-100 Index surged to 155,000 points, setting a new all-time record. Investor interest remained strong in blue-chip shares, particularly in the energy, oil and gas, and cement sectors.
This historic achievement followed Friday’s record-breaking performance, when PSX closed at 154,277 points, its highest-ever closing level. On that day, the index rose by 1,611 points and briefly touched an intraday high of 154,511 points.
Market activity remained robust, with 479 companies trading during Monday’s session. Out of these, 239 companies posted gains, while 210 witnessed declines. The remaining firms closed without major changes.
The market recorded a total traded value of Rs59.90 billion, with transactions involving shares worth Rs10.773 billion. The strong trading volumes and widespread participation highlighted renewed investor confidence.
Analysts attributed the surge to increased foreign inflows, strong corporate earnings, and optimism surrounding economic stability. They also noted that the upward trend in key sectors added further strength to the market.
Experts believe that PSX crossing the 155,000-point mark will enhance investor confidence and attract more institutional participation. However, they also cautioned that global economic trends, oil prices, and domestic policies could influence future movements.
The session closed on a positive note, with strong participation from investors and optimism for sustained growth. This record-breaking performance reaffirms the stock market’s resilience and its potential to remain a key driver of economic activity in Pakistan.
In other news read more about Pakistan’s Economic Losses from Floods Likely to Hit $1.4 Billion
