It surpasses the 113,000-point milestone for the first time.

By 11:00 AM, the index had climbed 2,330.99 points (2.1 per cent) from the previous day’s close of 110,810.21. The market displayed strong momentum, hitting a high of 113,481.90 and a low of 111,308.65 during the session.

Trading activity was robust, with a total volume of 247,329,636 shares exchanged, amounting to a total value of Rs20.12 billion. This positive performance reflects the market’s resilience and has left investors optimistic about sustained growth.

On Wednesday, the PSX witnessed a notable rebound as the KSE-100 index gained 1,913.57 points to close at 110,810.22 following a brief trading pause. The rally was fueled by expectations of a policy rate cut, prompted by a 4.9% inflation rate—the lowest in over six years.

Additional economic indicators contributed to market optimism, including a 62 per cent surge in car sales and a recent reduction in National Saving Schemes (NSS) rates. Key stocks like Mari Petroleum, Pakistan Petroleum, and Oil and Gas Development Company played a significant role in driving gains.

Strong local institutional buying supported the market’s momentum, with a total of 1.08 billion shares traded, valued at Rs47 billion. Despite a slight decline in trading volume compared to Tuesday, investors remain upbeat ahead of the upcoming Special Investment Facilitation Council (SIFC) meeting and prospects of continued economic growth.