KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a high note, recording a sharp rise in the opening minutes as the index jumped by 1,100 points. The upward momentum continued throughout the trading session, and by market close the index had gained 1,945 points to settle at 161,538.
Market observers noted that the rally was driven by strong investor activity, with buyers dominating across multiple sectors. Analysts highlighted both political and economic factors behind the surge, pointing in particular to the proposed 27th Constitutional Amendment and the government’s recently approved gas policy for fertilizer companies.
Financial analyst Gibran Sarfaraz explained that the parliamentary committee’s approval of the amendment has reassured investors about continuity in the current system. He added that expectations of parliamentary endorsement have further strengthened confidence, creating a positive trend in the market.
Sarfaraz also emphasized that the fertilizer sector stands to benefit significantly from the new gas policy, which has boosted business sentiment and encouraged fresh investment.
Another analyst, Shahryar Butt, said investors believe the amendment will bring political stability, which in turn supports business growth. He pointed to encouraging developments in the oil and gas sector, improved financial results in the banking industry, and the fertilizer policy as additional drivers of the bullish momentum.
The combination of political clarity, sector‑specific reforms, and strong corporate earnings has created what analysts describe as one of the most optimistic trading sessions of recent months.