Pakistan Stock Exchange hits 150,000—peak or more to come?

This week, the Pakistan Stock Exchange shattered a major psychological barrier, with the benchmark KSE-100 index surging past the 150,000 mark for the first time ever.

Fueled by strong buying in heavyweight banking stocks, the index climbed to an intra-day peak of 151,250 points, a new all-time high. However, the euphoria was short-lived. Profit-taking towards the end of the week trimmed gains, and the index settled at 149,493 points, still up by 3,001 points or 2% week-on-week. I

n this week’s episode of Stock Watch, Nukta’s Shuja Qureshi sits down with Shahbaz Ashraf, Head of Research at Nukta, and A A H Soomro, Independent Investment and Economic Analyst, to unpack the implications of this record-breaking run. Has the market reached its peak? And more importantly, what should investors be doing now? Watch now!