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Pakistan Stock Exchange Opens Higher as Economic Optimism Spurs Rally

Gravatar Avatar Web Desk | 2 weeks ago
Pakistan Stock Exchange

KARACHI – The Pakistan Stock Exchange (PSX) kicked off Tuesday’s trading session on a positive note, buoyed by recent government announcements highlighting economic improvements.

The KSE-100 index surged by 700 points shortly after the market opened, crossing the 117,000 mark and reaching 117,158 points in early trading.

This bullish momentum follows a strong start to the week, with the index climbing 1,536 points on Monday, closing at 116,390. The rally has been driven by broad-based buying across key sectors including automobile assemblers, cement, commercial banks, oil and gas exploration, OMCs, and power generation companies.

Investor sentiment has shown signs of recovery following last week’s volatility, which was largely influenced by global market uncertainty stemming from tariff-related statements by U.S. President Donald Trump. However, a 90-day reprieve later announced by the U.S. administration helped calm international markets, including Pakistan’s, leading to a more stable trading environment.

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