After a massive 10,000-point leap in recent sessions, the Pakistan Stock Exchange continues its upward momentum. During today’s trading, the KSE-100 Index surged by over 1,100 points.
The benchmark index gained 1,151 points, closing at 119,687 points, successfully crossing the 119,000-point mark and now steadily advancing towards the psychological barrier of 120,000 points.
Market analysts say this is a clear sign of a gradually strengthening stock market.
International financial journals have taken notice, terming Pakistan’s recent economic performance as nothing short of a “financial miracle.”
According to brokers, the release of circular debt payments is expected to further energize the oil and gas sector, potentially adding more momentum to the bullish trend.
