Karachi: The Pakistan Stock Exchange (PSX) crossed another historic milestone on Monday as the KSE-100 Index surged past the 191,000 mark for the first time ever, reflecting strong investor confidence at the start of the trading week.
The benchmark index opened with a remarkable gain of 1,865 points, pushing the market to a new all-time high of 191,000 points during early trading hours.
Market analysts attributed the rally to positive investor sentiment, strong buying in key sectors, and optimism surrounding macroeconomic stability.
Meanwhile, the Pakistani rupee showed slight improvement against the US dollar. According to the Exchange Companies Association of Pakistan, the dollar weakened by one paisa in the inter-bank market and was being traded at Rs279.85.
The continued upward momentum at the stock exchange highlights growing confidence in Pakistan’s equity market amid improving economic indicators.