The Pakistan Stock Exchange (PSX) has started the business day on a strong bullish note, with the benchmark KSE-100 Index reaching a new all-time high. The index crossed the psychological barrier of 142,000, gaining over 1100 points in early trading.
The KSE-100 index, a key indicator of market performance, has been on an upward trajectory, reflecting positive investor sentiment. Market analysts attribute the rally to several factors, including positive economic indicators, political stability, and favorable government policies. The index’s performance has also been bolstered by strong corporate earnings and a stable macroeconomic environment.
According to a report by The Express Tribune, the PSX has been recognized as one of the best-performing markets globally during the outgoing fiscal year, with significant growth in foreign investment. The report further notes that the KSE-100 index has surged by over 80% in the last year.
This latest milestone for the PSX comes amidst a period of sustained growth, which analysts believe is a testament to the country’s economic resilience. The market’s strong performance is seen as a key factor in attracting both local and foreign investors, further fueling the economic momentum.
