PSX Extends Bull Run as KSE-100 Index Crosses 168,000 Amid Strong Buying in Key Sectors

The Pakistan Stock Exchange (PSX) continued its upward momentum as the benchmark KSE-100 Index surged past the 168,000-point barrier, reflecting renewed confidence from investors and sustained buying across leading sectors. Market sentiment remained strong throughout the session, supported by improved economic indicators and healthy corporate earnings guidance.

According to market analysts, fresh buying interest was particularly visible in automobile assemblers, commercial banks, energy stocks, and select industrial counters. The rally was backed by both institutional investors and high-net-worth individuals who see further upside as macroeconomic stability improves.

Financial experts attribute the bullish trend to easing inflation, expectations of a favorable monetary policy stance, and ongoing progress in Pakistan’s economic reform commitments. As foreign interest slowly returns, brokerage houses believe the broader market could maintain its upward trajectory in the near term.

Commercial banks remained among the strongest performers of the day as investors positioned for potential lending growth and stronger sector profitability. The automobile sector also recorded notable gains as market participants are optimistic about a gradual revival in consumer demand and easing import pressures.

Energy companies gained traction on expectations of policy clarity and better liquidity flows toward ongoing projects. Increased participation from local investors also helped maintain trading volume at healthy levels, signaling that sentiment is improving beyond short-term speculation.

Analysts say the index breaking above 168,000 points is not just a technical milestone, but also a psychological one, reinforcing market stability after periods of volatility. The rally has been further supported by optimism surrounding consolidation in corporate earnings and continued investor confidence ahead of budgetary and fiscal announcements.

Market strategists believe that if macroeconomic trends remain supportive, the equity market could see deeper participation from sidelined investors who may now view this rally as sustainable rather than speculative.

However, experts also caution that global commodity prices and geopolitical shifts could influence near-term movement. While the broader trend remains positive, participants are advised to monitor sector-specific developments, particularly in banking, energy, and manufacturing.

With fundamentals gradually strengthening and liquidity returning to the market, the PSX appears well-positioned to sustain its bull run, provided policy continuity remains intact.