PSX Crosses 151,000 Points as Investor Confidence Boosts Rally

The Pakistan Stock Exchange (PSX) surged past 151,000 points on Wednesday, continuing its historic upward trajectory fueled by improving economic indicators and strong investor sentiment.

At 10:15am, the benchmark KSE-100 Index was recorded at 151,899, reflecting a gain of 923 points or 0.61%. Buying momentum remained strong in major sectors including cement, commercial banks, fertiliser, oil and gas exploration, refineries, and power generation.

Market leaders such as HUBCO, OGDC, PPL, MARI, POL, PSO, ARL, and SNGPL traded in the green. Analysts attributed the rally to a mix of macroeconomic stability and resilient corporate earnings.

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“Cyclical sectors are leading the way, with cement stocks gaining on improved dispatches, while banks continue to show strength despite lower interest rates,” said Waqas Ghani, Head of Research at JS Global. Auto stocks also attracted buyers on the back of improved sales figures.

The market’s momentum builds on Tuesday’s close, when the index surged by 1,004 points to settle at 150,975. This continued rally highlights growing optimism among investors and confidence in the government’s economic policies.