KARACHI: The Pakistan Stock Exchange (PSX) continued its remarkable upward momentum on Tuesday, with the benchmark KSE-100 Index crossing the historic 180,000-point threshold for the first time as strong investor confidence drove widespread buying across key sectors.
The market maintained its bullish trajectory amid growing optimism over Pakistan’s economic prospects and easing regional tensions. Investors responded positively to signs of improving macroeconomic stability, supportive fiscal measures, and expectations of lower inflationary pressures.
By early afternoon, the KSE-100 Index had gained more than 3,100 points, rising 1.76 percent to 180,149.76 points. During the trading session, the benchmark index touched an intraday high of 180,499.96 points after opening strongly and extending gains throughout the day.
Market sentiment was further strengthened by declining global oil prices, as expectations of uninterrupted supply through the Strait of Hormuz eased concerns over energy costs. Lower oil prices are viewed as beneficial for Pakistan, a major oil-importing country, as they can help reduce inflation and improve the overall economic outlook.
Buying interest remained broad-based, with automobile manufacturers, chemical companies, commercial banks, oil and gas exploration firms, oil marketing companies, and refineries leading the advance.
Trading activity also remained vibrant, reflecting heightened investor participation. Hundreds of millions of shares changed hands during the session, while turnover reached tens of billions of rupees, underscoring strong market liquidity.
The latest rally builds on Monday’s substantial gains and highlights growing confidence among investors, who continue to bet on economic recovery, stable financial conditions, and a more favorable investment environment in the months ahead.
