The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Thursday as the KSE-100 index surged by nearly 1,000 points, closing at 81,459.28. Positive macro-economic indicators, including a current account surplus and expectations of further interest rate cuts, fueled investor confidence. Experts, including Pak-Kuwait Investment Company’s Samiullah Tariq and EFG Hermes Pakistan CEO Raza Jafferi, attributed the market’s strong performance to reduced foreign selling pressures and improved liquidity in the domestic market. Pakistan’s improved economic outlook and securing an IMF loan have also attracted foreign investments, making the PSX one of the best performers globally this year.
