The Pakistan Stock Exchange (PSX) opened on a bullish note on Wednesday, buoyed by investor optimism over a possible reduction in the State Bank of Pakistan’s (SBP) key policy rate.
The benchmark KSE-100 Index jumped by 1,005.90 points, registering a 0.73% gain to reach 138,970.71, up from the previous close of 137,964.81.
Market sentiment has been lifted by signs of easing inflation and improving macroeconomic indicators, prompting expectations that the SBP may adopt a more accommodative monetary stance in its upcoming policy announcement.
Analysts say these expectations have reignited interest in equities, especially in interest rate-sensitive sectors such as banking, construction, and cement.
The positive trend follows a sharp decline in the market on Tuesday, when the index fell by 1,415.24 points—a 1.02% drop—closing at 137,964.82.
On Tuesday, the market saw a trading volume of 606.33 million shares worth Rs32.68 billion. Out of 484 companies that traded, 108 posted gains, 350 recorded losses, while 26 remained unchanged.
