Bulls help PSX rebound 900 points

Pakistan’s stock market staged a strong recovery as the Pakistan Stock Exchange gained over 900 points, with bullish sentiment returning after a period of intense selling pressure.

The benchmark KSE-100 index rebounded during trading, supported by renewed investor confidence and buying in key sectors including banking, energy, and cement. Market participants noted that the recovery was driven by value-hunting investors stepping in after recent sharp declines.

Analysts said the rebound reflects a temporary shift in sentiment, with investors taking advantage of lower stock prices following the previous session’s steep losses. Improved expectations around economic stability and potential policy support also contributed to the positive momentum.

Trading volumes remained healthy, indicating active participation from both institutional and retail investors. Experts, however, cautioned that volatility is likely to persist given ongoing external risks, including global oil price fluctuations and regional geopolitical tensions.

Despite the gains, analysts emphasized that sustained recovery will depend on broader economic indicators, currency stability, and clarity on policy direction in the coming weeks.

Observers say the market’s bounce-back highlights its resilience, though investor confidence remains sensitive to both domestic and international developments.