Earlier, the KSE-100 crossed the 99,000 mark for the first time in history during trading.
The bullish trend is being driven by positive macroeconomic indicators, expectations of further reductions in policy rates, and increased institutional buying.
According to Sana Tawfik, Head of Research at Arif Habib Limited (AHL), "Liquidity is shifting from fixed income to equities, fueling the rally."
Market sentiment is further boosted by projections of lower inflation for November, expected to range between 4.5% and 5%, increasing the likelihood of a rate cut.
A note from Intermarket Securities Limited highlighted optimism regarding the government’s plans to address the energy sector's circular debt and the limited impact of the upcoming political protests.
As the index edges closer to the 100,000 milestone, the PSX has become the world’s second-best-performing stock market, reflecting renewed investor confidence and economic stability.
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