Independent Report
Karachi: The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend as the benchmark KSE-100 Index crossed the historic 187,000-point level during early trading. The index surged by over 2,600 points to reach 187,843 points, reflecting renewed investor confidence.
Buying momentum was observed across key sectors including automobiles, cement, commercial banking, fertilizers, oil and gas exploration, power generation, refineries and oil marketing companies. Major stocks such as OGDC, PPL, PSO, HUBCO, MCB, Meezan Bank, National Bank, Mari Petroleum and ARL traded firmly in the positive zone.
Market analysts attributed the rally to improved macroeconomic indicators, expectations of policy stability and strong corporate earnings outlook. It is worth noting that the index had closed at 185,098 points in the previous session, making the current surge one of the strongest single-day gains in recent months.
