Karachi ( The COW News Digital)The bullish momentum in the Pakistan Stock Exchange (PSX) continues to break new records, with the KSE-100 index hitting an all-time high once again on Tuesday. Following Monday’s historic rally, today’s gains underscore renewed investor confidence and a resurgent market outlook driven by macroeconomic stability.
At the opening bell of the second trading day of the week, the benchmark KSE-100 index soared by 932 points, taking it to a new peak of 137,435 points—the highest level ever recorded in the history of Pakistan’s equity markets.
This follows a phenomenal performance on Monday when the KSE-100 index surged by an unprecedented 2,202 points, closing at 136,502 points, itself a record at the time. The two-day rally marks a significant upward trajectory that is boosting market sentiment across the board.
Market analysts attribute this bullish trend to a combination of factors including economic policy consistency, positive macroeconomic indicators, and reviving investor confidence. Improved foreign exchange reserves, a stable rupee, declining inflation, and expectations of interest rate cuts have contributed to the growing optimism among investors.
“The market is reacting positively to signs of fiscal discipline and structural reforms that have started showing results,” said a senior equity analyst based in Karachi. “There is also visible interest from foreign institutional investors, which further strengthens the upward momentum.”
Sectors that led the charge include banking, energy, cement, and technology, all of which recorded substantial gains during early trading hours. Volume also remained strong, indicating broad-based participation from institutional as well as retail investors.
Experts believe that the index has the potential to climb even higher in the coming sessions, particularly if upcoming economic data remains favorable and the government continues to follow a stable policy direction. However, they also caution that profit-taking could occur at these high levels, suggesting investors remain vigilant.
The continued rise of the PSX highlights Pakistan’s improving economic sentiment and the appeal of its equity market in the regional context. If the current trend persists, analysts foresee 140,000 points as the next psychological milestone.
