Bull run continues: PSX breaks all-time record

(Web Desk): The Pakistan Stock Exchange (PSX) has made history once again. Following the federal budget, investor confidence and positive expectations have driven the market to a record-breaking high of 126,000 points.

It is worth noting that on Wednesday, the trading session closed with an increase of 2,328 points, bringing the KSE-100 Index to 124,352 points, which at the time was the highest level ever recorded. However, on Thursday, the market opened with a positive trend, and early in the session, the index surged by 1,233 points, reaching 125,585 points.

The bullish trend remained strong throughout the day, and the KSE-100 Index ultimately saw a significant overall gain of 1,675 points, pushing it to a new all-time high of 126,028 points.

Economic analysts say that the proposed relief for the business community in the upcoming fiscal year’s budget, the absence of new taxes, and the continuation of ongoing economic reforms have boosted investor confidence — a trend that is clearly reflected in the stock market's performance.

Experts believe that if this positive momentum continues, both domestic and foreign investment could see further growth, which would not only benefit the capital market but also have a positive impact on the broader economy.