The Pakistan Stock Exchange (PSX) continued its relentless bullish run today on Tuesday, with the benchmark KSE-100 index surging past the psychological barrier of 174,000 points for the first time in history.
Building on yesterday’s momentum, the market opened with a strong buying interest across multiple sectors. Key highlights from the trading session include:
The 100-index touched a record high of 174,805 points.
As of the latest reports, the index surged by 554 points, settling at a new high of 174,451.
The market had ended Monday’s session at 173,896 points, meaning today’s jump represents a significant leap in investor wealth.
Financial analysts and market experts attribute this “super-cycle” to several positive macroeconomic triggers:
Continued fiscal discipline and the successful completion of international funding tranches have boosted confidence.
Recent progress in the privatization of state-owned enterprises, including the PIA deal, has injected fresh liquidity into the market.
Falling inflation rates (reported at 6.1% for November) and expectations of further interest rate cuts have shifted investor focus from fixed deposits to equities.
Strong buying from both local mutual funds and individual retail investors, whose numbers have grown by over 120,000 this year.
With the PSX delivering over 50% returns in US dollar terms since January 2025, it currently ranks as one of the best-performing markets in Asia.
Experts believe that if the current momentum holds, the index could target the 180,000 mark by early 2026, provided that political stability and economic reforms remain on track.
