The Pakistan Stock Exchange (PSX) crossed the historic milestone of 155,000 points for the first time ever. On Monday, the market opened with a gain of 780 points, showing a strong upward trend. This positive momentum helped the index reach a record high during the session. Investors showed keen interest in blue-chip shares, especially from the energy, oil, and gas sectors. Cement companies’ shares also attracted significant attention, contributing to the market’s rise.
Last Friday, the PSX closed at an all-time high with the KSE-100 Index rising by 1,611 points. The index ended the day at 154,277 points, breaking previous records. During the trading session, the index briefly touched 154,511 points, setting a new intraday record. This surge reflects growing investor confidence in the market. The positive trend continued into the new week, pushing the index beyond 155,000 points.
Trading activity remained strong with 479 companies participating on the exchange. Out of these, 239 companies saw their share values increase, while 210 companies experienced declines. This balanced movement showed healthy market dynamics. The total number of shares traded reached Rs10.773 billion. Moreover, the total traded value hit Rs59.90 billion, marking a robust session.
Market experts link this performance to confidence in Pakistan’s economic sectors. Energy, oil, and gas sectors led the charge, followed by cement companies. The rising demand in these industries boosted investor participation. As a result, the market ended on a very positive note. Analysts believe this momentum could continue in the coming weeks.
Overall, the PSX’s breakthrough at 155,000 points is a significant milestone. It demonstrates strong investor trust and economic resilience. The market’s upward movement offers hope for continued growth. Investors remain optimistic as multiple sectors show promise. The record-breaking activity marks a new chapter for Pakistan’s stock market.