TLDR:
• Pakistan Stock Market sets historic high
• KSE 100 crosses 105,000
• Investors buoyed by rising economic optimism
ISLAMABAD (The Thursday Times) — The Pakistan Stock Market continues to rally, with the KSE 100 Index breaking its all-time record by surpassing the landmark level of one lakh five thousand points. The surge, driven by a wave of investor optimism, marks a significant achievement as the market gained over nine hundred points in a single day.
Bullish day for the Pakistan Stock Market
The trading day brought excitement as the index reached its highest level of the session at one lakh five thousand four hundred seventy-three points before settling slightly lower. The floor saw a trading frenzy, with volumes crossing six hundred million shares, signalling heightened activity across the board. Valued at over twenty-six billion rupees, the session highlighted investors’ renewed confidence in the market’s trajectory.
Driving factors behind the surge
Financial experts attribute the bullish trend to several key developments. Economic reforms spearheaded by the government, combined with stable monetary policies, have injected much-needed optimism. The auction of Pakistan Investment Bonds at lower yields attracted foreign interest, while initiatives like the Roshan Digital Account have bolstered inflows, contributing significantly to the market’s resilience.
A week of steady upward momentum
The latest record comes on the back of consistent gains observed over the past week. The index has displayed remarkable strength, building on a streak of positive sessions. This follows earlier milestones, such as when the market closed at one lakh one thousand four hundred ninety-six points, reflecting growing investor confidence and anticipation of continued economic stabilisation.
Investor confidence soars
The market’s current rally reflects a broader sense of trust among local and foreign investors alike. Analysts note that the recent uptick underscores a robust economic outlook, even amid global uncertainties. Optimism surrounding trade, infrastructure development, and fiscal reforms continues to support the bullish sentiment driving the stock market forward.