PSX surges on first trading day after Eid holidays

Karachi (Web Desk): The Pakistan Stock Exchange (PSX) opened on a high note today as trading resumed after the Eid-ul-Fitr holidays, reflecting strong investor confidence.

From the very start of the session, aggressive buying activity was observed, pushing the KSE-100 Index up by a record 4,449 points, reaching a historic level of 157,190 points.

Before the Eid and Pakistan Day holidays, the market had closed at 152,740 points, making today’s surge a remarkable turnaround.

Analysts say this sharp rise not only offsets the previous week’s slowdown but also injects renewed optimism and momentum into the market.

Investors appeared eager to capitalize on market opportunities, and brokers noted a significant increase in both volume and value of traded shares, signaling strong market sentiment in the post-holiday period.

Market experts anticipate that if this buying trend continues, the PSX could witness further gains in the coming sessions, reinforcing Pakistan’s capital market as an attractive destination for both local and foreign investors.