PSX opens strong with 2.3pc jump as KSE-100 crosses 120,000
The index jumped 2,769 points, reaching an all-time high of 120,067.
KARACHI – Pakistan Stock Exchange (PSX) witnessed strong rally at the opening bell on Tuesday, with the benchmark KSE-100 index surging by 2.3percent in early trading.
The index jumped 2,769 points, reaching an all-time high of 120,067. This sharp rise marks a strong comeback for the market, reflecting renewed investor confidence fueled by ceasefire between Pakistan and India.
Pakistan Stock Exchange
| Indicators | Values |
| Current Value | 117,841 |
| Change | +543.59 (0.46%) |
| High | 120,067.12 |
| Low | 116,859.93 |
| Volume | 50,167,751 |
| 1-Year Change | +59.68% |
| YTD Change | +2.36% |
| Previous Close | 117,297.73 |
Besides ceasefire between nuclear armed nations, the market was also pushed by economic indicators, anticipated reforms, and positive sentiment around the country’s fiscal outlook.
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Sectors leading the charge include banking, cement, and energy, all showing significant gains in the initial trading hours. If momentum holds, this could set the tone for a bullish week ahead at Pakistan Stock Exchange.
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