The Pakistan Stock Exchange (PSX) continued its historic rally on Monday, with the KSE-100 Index surging 1,860.12 points to an intra-day high of 103,217.44, driven by robust economic indicators and investor confidence.
Strengthening foreign reserves, bolstered by a $500M inflow from the Asian Development Bank, alongside easing inflation, boosted sentiment. Key sectors—banking, technology, oil, and property—propelled gains, supported by improved liquidity and lower yields.
Analysts credit decisive reforms and projections of further interest rate cuts for sustaining momentum. Optimism prevails as the market eyes sustained macroeconomic stability.
