The Pakistan Stock Exchange (PSX) reached a historic milestone on Monday as its benchmark KSE-100 Index crossed the 190,000-point mark for the first time.
The market opened the week on a strong note, with the index jumping 1,669 points to close at a new all-time high of 190,836 points.
Analysts attributed the sharp rise to sustained buying by institutional and foreign investors, supported by improving macroeconomic indicators. Expectations of monetary policy easing and encouraging corporate earnings reports further strengthened market sentiment.
Trading activity remained strong throughout the session, with higher volumes reflecting broad-based investor participation and confidence.
Meanwhile, the Exchange Companies Association reported a slight improvement in the interbank foreign exchange market. The US dollar edged lower by one paisa, trading at Rs 279.85.
Market participants remain optimistic that easing inflation, stable exchange rates, and a supportive interest rate environment could sustain the bullish trend in the near term. Analysts, however, caution that volatility may persist as investors await the State Bank’s upcoming monetary policy decision.
