The Pakistan Stock Exchange reached a new milestone on Thursday, crossing the psychological level of 176,000 points as the market’s upward momentum continued into the New Year.
The benchmark KSE-100 Index, which closed at 174,054 points in the previous session, climbed to 176,011 points during intraday trading. The surge reflected a 1,957-point gain, underscoring sustained buying interest across key sectors.
Market analysts attribute the rally to growing investor confidence in the government’s economic direction. Improved policy clarity and reform-focused initiatives have encouraged both local and institutional participation, strengthening overall market sentiment.
Read: PSX Slips After Briefly Crossing 175,000 as Profit-Taking Caps Rally
Pakistan’s economy is showing signs of steady recovery, supported by policy measures introduced under the Special Investment Facilitation Council. These reforms have helped unlock activity across agriculture, industry, and allied sectors.
Federal Minister for Planning Ahsan Iqbal reported that the industrial sector recorded robust growth of 9.38 per cent in the current fiscal year, compared with just 0.12 per cent in the same period last year. Agriculture expanded by 2.89 per cent, while the livestock sector grew by 6.29 per cent.
Manufacturing output also improved, growing 5.78 per cent. Within the sector, automobile production surged by 84.6 per cent, while the transport sector expanded by 40.7 per cent, highlighting renewed demand and easing supply constraints.
The latest gains at the Pakistan Stock Exchange signal improving macroeconomic stability and reinforce investor expectations of continued progress in the months ahead.
