The Pakistan Stock Exchange (PSX) extended its recent rally on Wednesday, with the benchmark KSE‑100 Index gaining more than 1,900 points as investor confidence rose on the back of falling global oil prices and strong market sentiment, market data showed.
The KSE‑100 index closed at 158,189.66 points after advancing 2,012.54 points, or 1.29%, from the previous session’s close of 156,177.12, marking a continuation of bullish momentum.
Market analysts attributed the rally to improved investor sentiment following the State Bank of Pakistan’s decision to keep its key policy rate unchanged at 10.5%, which reassured traders and revived risk appetite. Declining oil prices, after indications that the Iran‑US conflict may ease, also helped calm fears about prolonged energy supply disruptions and their impact on the economy.
Stocks across major sectors saw widespread buying interest as optimism returned to the bourse. The strong performance followed a sharp rebound in earlier sessions, in which the KSE‑100 recorded significant gains after steep sell‑offs sparked by external pressures, including geopolitical tensions and market volatility.
Despite recent turbulence, the market’s resilience reflects a blend of domestic policy stability and improved global cues, analysts said, though investors remain attentive to broader economic indicators and geopolitical developments.