The Pakistan Stock Exchange (PSX) witnessed an extraordinary rally on Monday, with the Hundred Index gaining 3,741 points to close at 98,315 points. , indicating a bullish trend in the market.
The extraordinary rally began as trading opened, with the index quickly breaching four key levels — 95,000, 96,000, 97,000, and 98,000 points — within minutes.
Market analysts attribute this unprecedented growth to a combination of positive investor sentiment, improved macroeconomic indicators and optimistic outlook on Pakistan’s economic stability.
According to Rizwan Alam, a prominent market expert, this historic rise reflects renewed confidence among investors.
“This rally shows that the market is recovering strongly, possibly driven by favorable policies and expectations of stability in financial markets,” he said.
The rally in the stock market has also boosted investor sentiment, with trading volume increasing significantly across several sectors. Market participants are optimistic that this upward trend will continue in the coming sessions.
With the Pakistan Stock Exchange now nearing the historic 100,000-point mark, stakeholders are keenly watching whether the bullish momentum is sustained.