PSX Kicks Off Week With Historic High as KSE-100 Crosses 155,000
The Pakistan Stock Exchange (PSX) opened the week in record-breaking style, with the KSE-100 Index smashing through the 155,000 barrier for the first time.
By mid-morning, the benchmark had soared to 155,551.95 points, up 1,274 points (0.83%), driven by strong buying in cement, banking, oil & gas, OMCs, and power stocks.
The momentum follows a spectacular first week of September, when the index leapt 5,659 points (3.8%) to close at 154,277, fueled by local investor enthusiasm, optimism over the Prime Minister’s upcoming China visit, and improving economic cues—despite continued foreign outflows.
Global markets also flashed green, with Japan’s Nikkei up 1.8%, China’s blue chips gaining 0.3%, and Hong Kong’s Hang Seng edging 0.35% higher. Meanwhile, the US dollar slipped after weak labor data spurred talk of a rate cut, while Japan’s yen tumbled amid uncertainty following Prime Minister Shigeru Ishiba’s resignation.
With the PSX rewriting history, investors are riding an unprecedented wave of confidence, cementing one of the most exhilarating chapters in Pakistan’s market journey.