The Pakistan Stock Exchange (PSX) continued its upward momentum on Thursday, with the benchmark KSE-100 Index rising by nearly 600 points during early trading.
At 9:35am, the index was recorded at 157,603.90 points, reflecting an increase of 583.11 points or 0.37%. Investor confidence remained strong, with notable buying activity in key sectors such as automobile assemblers, cement, fertilisers, commercial banks, and energy companies.
Heavyweight stocks including ARL, HUBCO, MARI, OGDC, POL, PPL, PSO, WAFI, DGKC, NBP, and UBL traded positively, further driving the index upward.
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The rally follows Wednesday’s bullish session, where PSX closed at 157,020.80 after gaining 457.27 points, setting a new benchmark. Analysts credit the sustained gains to positive investor sentiment and robust activity across multiple sectors.
Market experts say continued demand in energy and banking stocks, coupled with strong investor confidence, is keeping the momentum alive.
However, they also warn that global market fluctuations could impact local performance in coming sessions.
