The Pakistan Stock Exchange (PSX) has made history, with the KSE-100 index crossing the 114,000-point mark. This extraordinary rally highlights renewed investor confidence amidst improving macroeconomic conditions. The surge was driven by declining inflation rates, stable interest policies, and robust performance across multiple sectors.
Banks, automotive companies, and energy firms led the charge, with trading volumes reaching record highs. Analysts attribute this growth to expectations of further interest rate cuts, following the State Bank of Pakistan’s recent monetary easing policies. The improved bond yields and reduced inflation, expected to fall below 6%, have also been pivotal in driving market activity.
Investor sentiment has further strengthened due to positive developments in key industries. The automobile sector, for example, reported a significant 27% increase in month-on-month sales, while the energy sector experienced heightened demand. Experts suggest that this bullish trend could push the index beyond 120,000 points in 2025, signaling a transformative period for Pakistan’s financial markets
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