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The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index gained over 3,700 points on Wednesday, the first day of the new fiscal year.
The KSE-100 index gained 3,748.40 points (2.08 per cent) to close at 184,050.10.
The market sustained its positive momentum from Tuesday, when it staged a recovery rally, propelling KSE-100 above the 180,000 mark and helping the market close FY25-26 with a stellar performance.
Awais Ashraf, director of research at AKD Securities, noted that the inflation figures for June released today by the Pakistan Bureau of Statistics (PBS) were “below market expectations” and “reinforced the view that inflationary pressures” were continuing to subside.
