PSX continues winning streak despite political uncertainty

The Pakistan Stock Exchange (PSX) defied political uncertainties in the country today, with the benchmark KSE-100 index surging past the 99,300 mark during intraday trading. Despite ongoing concerns over political instability, market sentiment remained resilient, driven by strong investor confidence and positive corporate earnings reports. The KSE-100 index gained 1,519.24 points, or 1.55%, to reach 99,317.47 points. The recovery was attributed to a rebound driven by investor optimism fueled by macroeconomic factors, despite the political turmoil. The market's performance was driven by a strong volume of 130,471,037 shares traded. This slight rally follows the previous close of stock market was 97,798.23, indicating a steady but cautious market environment.