The Pakistan Stock Exchange (PSX) extended its bullish run on Friday, pushing the benchmark KSE-100 index beyond the 114,000 mark as investors engaged in aggressive buying.
At 10:51 AM, the index had gained 1,768.05 points (1.56%), reaching 114,974 during intraday trading. This surge follows a strong rally from the previous day, when the index jumped 1,719.04 points (1.54%), closing at 113,206.40 points after breaking a three-day losing streak.
Market experts attribute the continued positive sentiment to key economic developments, including the International Monetary Fund’s (IMF) proposal to address circular debt in the gas sector and growing interest from US investors in Pakistan’s economy.
On January 29, Gentry Beach, head of a US business delegation, expressed his willingness to invest billions of dollars in Pakistan across multiple sectors, including real estate and energy. Speaking in Islamabad, he emphasized that the Trump administration supported economic diplomacy and saw significant global investment opportunities in Pakistan.
As investor confidence remains high, analysts expect the PSX to maintain its positive trajectory, provided that economic policies continue to support market stability and foreign investment.
