The week got off to a very good start for the Pakistan Stock Exchange (PSX), with the KSE-100 index showing significant bullish momentum. The index saw a 1.39 percent increase on the first business day of the week, hitting an “all-time high” and closing at 53,860.36 points after surpassing the 53,500 barrier. This outstanding performance represented a significant increase of 737 points over the previous Friday’s closing total of 53,123.03 points.
Research and market analysis indicate that this increase is evidence of investors’ increasing confidence and zeal for the Pakistani stock market. Positive sentiment is reflected in it, which is fueled by a number of variables such as strong corporate earnings, signs of economic recovery, and Pakistan’s general investment climate.