Pakistan Stock Market Hits 174000 Points for First Time

Pakistan Stock Market hits 174000 points for the first time in history as trading opened with strong momentum on Monday.

Karachi witnessed a powerful rally at the start of the business week. Investors showed strong confidence from the opening bell.

The benchmark 100 Index surged by more than 1,900 points. It reached a record high of 174,411 points during early trading.

Heavy buying appeared across major sectors. These sectors included automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companies, oil marketing firms, power generation companies, and refineries.

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Shares of ARL, Hubco, Mari Petroleum, OGDC, PPL, POL, HBL, Meezan Bank, and MCB all traded in the positive zone. Investors actively picked blue-chip stocks throughout the session.

The market had already shown strength last week. On the final trading day, the 100 Index closed at a then-record level of 172,400 points.

Market experts linked the rally to investor optimism and strong participation in key industries. They expect volatility but see continued interest in leading stocks.

Pakistan Stock Market hits 174000 points, marking a historic milestone and reflecting strong investor sentiment at the start of the week.