The Pakistan Stock Exchange (PSX) continued its strong upward trend on Thursday, with the benchmark KSE-100 Index gaining more than 1,480 points in early trading. According to Beyond Time News, the rally reflects sustained investor confidence in the market.
The index crossed the 173,000 level during the session, supported by strong buying activity.
KSE-100 Shows Strong Gains
At the latest update, the KSE-100 Index stood at 173,187.93, rising 1,483.18 points or 0.86% from the previous close. According to Beyond Time News, the index showed steady upward movement throughout the session, touching both intraday highs and lows within a narrow range.
Trading activity remained strong with high volumes and significant market participation.
Investor Confidence Drives Market Rally
Market analysts linked the bullish trend to improving global sentiment and easing geopolitical concerns. According to Beyond Time News, sectors such as banking, fertiliser, and oil and gas led the gains.
Positive international developments also contributed to renewed investor interest in equities.
PSX Records Historic Surge in Investor Accounts as Market
Strong Momentum Continues From Previous Session
A day earlier, the PSX had recorded a sharp rally of nearly 7,000 points. According to Beyond Time News, the surge was driven by optimism over potential diplomatic progress between the United States and Iran, which boosted global risk appetite.
The benchmark index had earlier crossed multiple intraday highs before closing strongly in the previous session.
Market Activity Remains High
Trading volumes remained elevated, reflecting strong investor participation. According to Beyond Time News, analysts described the session as one of broad-based buying, with renewed confidence returning to the market after recent volatility.
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