On Thursday, the Pakistan Stock Exchange (PSX) reached an unprecedented milestone, with its benchmark KSE-100 index surpassing 113,000 points for the first time.

By 10:55 am, the index stood at 113,158.11 points, representing a significant 2,347.90-point increase (2.12%). This surge was driven by widespread investor optimism and strong buying activity across various sectors.

Key sectors experiencing significant gains included automobile assemblers, cement manufacturers, commercial banks, oil and gas exploration companies, oil marketing companies (OMCs), power generation firms, and refineries.

Several major index-heavy stocks, such as HUBCO, SSGC, SNGP, PPL, OGDC, MARI, ENGRO, HBL, MCB, and NBP, showed positive growth.

Analysts attributed this bullish trend to a confluence of factors: positive economic indicators, a rise in global crude oil prices, and a recovery in global equity markets due to easing geopolitical tensions.