The Pakistan Stock Exchange (PSX) closed the week on a record-breaking note, as the benchmark KSE-100 index surged past the historic 161,000 mark on Friday. The sharp upward movement reflected strong investor confidence and continued momentum in the market.
Throughout the trading session, the index gained significant ground, climbing by 2,458 points and settling at 161,738. During intraday activity, the index even touched an all-time high of 161,812 points, setting a new milestone for Pakistan’s capital market.
Market experts highlighted that the rally was driven by positive investor sentiment, increasing confidence in economic indicators, and continued support from both local and foreign investors.
The recent streak of gains has not only pushed the index into record territory but has also demonstrated the resilience of the equity market despite broader economic challenges.
Looking at the bigger picture, the index has witnessed remarkable growth this year. In 2024 alone, it has risen by nearly 39 percent, while over the past 12 months, the growth has been an impressive 96 percent.
This remarkable surge reflects how the stock market has become a key driver of optimism for Pakistan’s financial outlook.
Just a day earlier, the benchmark index had closed at 159,280 points, making Friday’s performance a significant leap forward.
The latest milestone now stands as a symbol of growing strength in the country’s financial markets, with investors keenly watching if the rally will sustain its pace in the coming weeks.
The Pakistan Stock Exchange, once again, has proven to be a reflection of investor confidence and the evolving economic landscape.
