PSX Rebounds 900 Points as Bulls Return to Market
The Pakistan Stock Exchange (PSX) staged a notable recovery on Monday, gaining approximately 900 points as bullish momentum returned following recent volatility. The rebound reflects renewed investor confidence, with buying pressure concentrated across heavyweight index constituents in the energy, banking, and cement sectors.
The recovery comes amid a broader stabilisation in macroeconomic indicators, including a concurrent strengthening of the Pakistani rupee against the US dollar. Analysts attributed the upturn to improved market sentiment following easing regional tensions and positive cues from the currency market.
Trading volumes remained healthy during the session, suggesting that the rebound was driven by substantive buying rather than speculative short-covering alone. Market participants closely watched developments on the geopolitical front, which had weighed on equities in preceding sessions.
The benchmark KSE-100 index's recovery will be closely monitored in subsequent sessions to determine whether the gains can be consolidated into a sustained upward trend. Investors remain cautious about external variables, including global commodity prices and any shifts in monetary policy signals from the State Bank of Pakistan.
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