PSX rebounds strongly with 1,300-point rally led by retail, institutional markets
Market activity remained strong, with the KSE All Share Index registering a turnover of 1.02 billion shares Renewed optimism swept the Pakistan Stock Exchange as the benchmark KSE-100 index posted a strong gain of nearly 1,300 points, supported by broad-based buying in key sectors. The rally was evident in auto assemblers, cement, commercial banks, fertilizers, oil and gas exploration, oil marketing companies, power generation and refinery stocks, signaling strong interest from both retail and institutional investors. This industry-wide momentum helped boost overall market strength despite a cautious economic environment. A change in market dynamics also seems to be occurring. Bloomberg
