The Pakistan Stock Exchange (PSX) achieved a historic milestone on Monday as the KSE-100 index surged past the 94,000-point mark. The index rose by more than 700 points from its previous close of 93,291, continuing its bullish trend.
In the past week, the PSX has gained over 2,400 points, driven largely by the State Bank of Pakistan’s (SBP) recent decision to cut the policy rate by 2.5 percentage points. This rate cut has boosted market liquidity, signaled economic stability, and increased investor confidence.
Furthermore, the government’s recent Sukuk auction raised significant funds, making government-backed securities an attractive option and adding to the market’s upward momentum.
