KARACHI:

The Pakistan Stock Exchange (PSX) sustained its bullish momentum during the outgoing week, with the benchmark KSE-100 index touching a historic intra-day high of 151,262 points before settling at 149,493, up 3,001 points, or 2.05% week-on-week (WoW).

The rally was fueled by strong corporate earnings, robust investor participation in T-bill and Sukuk auctions and improved macroeconomic indicators, including a narrower current account deficit, stable foreign currency reserves and marginal Pakistani rupee appreciation.

On a day-on-day basis, the PSX kicked off the week on a bullish note, resuming its northbound journey and closing strongly above 148k at 148,197 points, up 1,705 points (+1.16%).

On the following day, Tuesday, the KSE-100 index sustained its bullish streak, briefly

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