The Pakistan Stock Exchange’s (PSX) flagship index, the KSE-100, exhibited robust growth of over 3,700 points on its inaugural trading day of the new fiscal year. The market climbed to a closing value of 184,050.10, marking an increase of 2.08 percent from Tuesday’s close.
Throughout the session, the KSE-100 displayed solid gains, rising above its intraday low and maintaining a positive trajectory even as it edged closer to the 180,000 mark on Tuesday. This upward momentum helped the market conclude FY25-26 with impressive results.
Experts attribute today’s optimistic outlook to recent inflation data. The Consumer Price Index (CPI) in June declined by 11.1 percent year-over-year, down from May’s 11.7 percent and within the government’s forecast range of 11-12 percent. This downward trend is viewed as a positive indicator for easing inflation pressures.
Awais Ashraf, director of research at AKD Securities, and Topline Securities Ltd highlighted that these figures were
Source: Original report
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