The Pakistan Stock Exchange (PSX) opened on a strong bullish note on Thursday, with the benchmark KSE-100 index surging over 2,300 points in early trade. The sharp rise reflects renewed investor confidence driven by improved liquidity conditions and external financial support. The rally signals strengthening sentiment in Pakistan’s equity market.
Within minutes of trading, the index jumped 2,306.29 points, or 1.27 percent, reaching 170,826.23. The upward momentum continued from recent sessions as buyers dominated early activity. The index also touched an intra-day high of 170,899.16, indicating strong market breadth.
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Trading volumes remained robust as more than 244 million shares changed hands in early activity. The market opened significantly above the previous close of 168,519.94, reflecting strong gap-up buying. The consistent upward trend suggests sustained investor participation across key sectors.
Market sentiment was boosted by the confirmation of a $2 billion inflow from Saudi Arabia, recorded by the State Bank of Pakistan. The inflow is expected to strengthen foreign exchange reserves and ease external financing pressures. Investors view this development as a key stabilizing factor for macroeconomic outlook.
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Analysts said continued optimism could support further gains if liquidity conditions remain stable. They added that macroeconomic improvements and external financing support are driving confidence in equities. However, they cautioned that sustained momentum will depend on future inflows and policy stability.