The Pakistan Stock Exchange (PSX) has achieved a historic milestone as the KSE-100 Index crossed the 158,000-point mark for the very first time.
This sharp rise in the market came shortly after Pakistan and Saudi Arabia signed a major Strategic Mutual Defense Agreement, a development that gave investors new confidence about the country’s future. Market experts described the agreement as a “game changer,” saying it could bring more money into the economy, improve liquidity, and lower the risk premiums that usually make investors cautious.
On the day of the rally, the KSE-100 Index closed at 157,953.46 points, showing an impressive gain of 1,775.65 points, or 1.14%. During intraday trading, the index even touched a record high of 158,082.55 points before settling slightly lower. Analysts believe that this strong momentum is likely to continue and that the market could keep climbing without any major corrections in the near future, thanks to the positive investor sentiment.
Disclaimer: This update is for informational purposes only. Startup Pakistan does not take responsibility for financial decisions, investments, or interpretations made based on this news.
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