Stock Market Record Surge as 188,000 Points Milestone Is Crossed
The stock market record continues to grab attention nationwide. On the second business day, investors showed strong confidence early in trading. As a result, buying activity pushed the benchmark index sharply higher.
The KSE-100 Index gained over 900 points at the opening bell. Therefore, it reached a historic level of 188,709 points. This milestone reflects growing optimism across key sectors.
Momentum Builds on Previous Gains
The rally did not start today alone. In fact, the market closed strongly in the previous session. It added more than 2,662 points by the end of trading.
Consequently, the index settled at 187,761 points earlier. This steady rise encouraged more participants to enter the market. In addition, positive sentiment supported broader buying interest.
Investor Confidence Drives the Rally
Market participants responded to improving economic signals. For example, expectations of policy stability boosted investor morale. As a result, volumes increased during early trading hours. Analysts believe local investors led the rally. However, institutional interest also remained visible.
This balanced participation helped sustain upward momentum. Moreover, the inclusive nature of the market allowed retail investors to benefit. People from different income levels actively joined the session.
Therefore, confidence spread beyond traditional trading circles.
Currency Stability Supports Market Outlook
Alongside equities, the currency market showed calm conditions. The US dollar stayed stable in the interbank market. It remained unchanged at Rs 279.92. This stability reduced uncertainty for investors.
As a result, it supported positive market expectations.
In addition, it signaled better short-term financial discipline. Experts suggest stability can attract long-term investment. Therefore, many expect cautious optimism in coming sessions. Still, they advise investors to stay informed and diversified.
