KSE-100 crosses 153,000 amid strong investor confidenceThe Pakistan Stock Exchange sustained its bullish momentum on Thursday, with the KSE-100 index soaring past the critical 153,000-point threshold amid growing optimism over economic prospects.
The KSE-100 index increased 397 points to trade at 152,599, marking a positive opening for the Pakistan Stock Exchange (PSX), which maintained its strong upward momentum.
The benchmark index broke its own record the day before, rising more than 1,200 points to close at 152,201.88, its highest level to date, and hitting an intraday high of 152,805.
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Thursday's intraday trading saw the index cross the crucial 153,000-point mark, peaking at 153,324 before settling close to 153,206, indicating that the bullish trend was still in place.
The steady increases are a reflection of rising investor confidence in the face of improving economic data and advantageous market circumstances.
This rally, which shows strong buying interest and hope for continued growth in the upcoming weeks, is seen by market analysts as encouraging for Pakistan's financial sector.
