The Pakistan Stock Exchange (PSX) set a new record as the KSE-100 Index climbed to 155,969 points during intra-day trading, up 1,692 points.
The week began with a 691-point gain, reaching 154,969, and continued rising, fueled by strong investor interest. Last week, the index closed at 154,277, crossing 154,000 for the first time.
National Bank of Pakistan (NBP) led the surge, rising 9.88% to Rs171.98 after its Corporate Briefing sparked dividend hopes, said Ali Najib of Arif Habib Ltd. Cement stocks also shone, with DG Khan Cement up 10%, and POWER, GWLC, MLCF, and LUCK gaining 3%–7.5%.
Analysts cite economic recovery, a smaller trade deficit, and a potential farmer relief package as boosting confidence.
Read: PSX KSE-100 Index Surges Past 149,000 Points in Record Rally
The 150,000-point level now supports the index, suggesting the rally may continue. Investors remain optimistic about Pakistan’s economic growth. The KSE-100’s record high signals strong market trust and economic hope, impacting investors and policymakers.
