Pakistan Stock Exchange began the week on a bullish note on Monday, with the benchmark KSE-100 index surging to an all-time high.
Trading opened with a gain of 659 points, lifting the index to 162,916 points. Continued buying pushed it up further, adding 791 points to reach a new peak of 163,018 points during intra-day trading.
Analysts attributed the momentum to robust investor confidence and sustained buying interest after last week’s upward trend.
PSX maintained its bullish momentum during the outgoing week as the benchmark KSE-100 index surged 4,220 points (+2.67% week-on-week – WoW) to close at a historic high of 162,257.
Investor sentiment remained upbeat, fueled by the landmark Rs1.225 trillion circular debt resolution deal, improving external account indicators, and renewed opt