Karachi (Web Desk): Trading at the Pakistan Stock Exchange (PSX) maintained a strong upward trajectory on Friday, with the benchmark KSE-100 Index reaching a new all-time high during the session.
From the outset, the market exhibited a distinctly positive tone, as the index recorded a significant gain of around 600 points, climbing to 153,508 points—an indication of robust investor confidence.
Economic experts attribute this remarkable surge primarily to emerging signs of macroeconomic stability and improved corporate earnings across multiple sectors.
During the day’s trading, notable gains were observed particularly in the banking and cement sectors, where share prices moved upward amid heightened investor interest.
Analysts believe that the index crossing the psychological threshold of 153,000 points is a highly encouraging development.
They suggest that this milestone could pave the way for increased foreign investment in the coming days, further strengthening market momentum.