The Pakistan Stock Exchange (PSX) continued its bullish momentum on Tuesday, reaching another historic milestone amid strong buying interest across key sectors.
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During intraday trading, the benchmark KSE-100 index surged by more than 900 points to touch an all-time high of 188,709 points, up from the previous close of 187,761 points.
The latest rally comes a day after the market posted a massive gain of over 2,662 points, reflecting growing investor confidence and sustained positive sentiment. Analysts attributed the upward trend to aggressive buying by local investors, expectations of economic stability and optimism surrounding ongoing financial reforms.
Market activity remained robust throughout the session, with heavyweight stocks leading the advance and pushing the index to new record levels.
Meanwhile, the Pakistani rupee showed stability against the US dollar in the interbank market, with the greenback trading unchanged at Rs279.92.
The continued strength in equities and currency stability have reinforced expectations of further upside in the market, provided the current economic and policy outlook remains intact.
