The Pakistan Stock Exchange (PSX) achieved yet another milestone, surpassing the 72,000 mark for the first time as bullish sentiment continued to dominate the trading floor on Wednesday.

The PSX benchmark KSE-100 Index reached 72,335 points, marking a gain of 976 points from the previous close of 71,476 points.

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The stock market is experiencing a bullish trend fueled by a record current account surplus, substantial foreign direct investment, and robust IT exports.

Key sectors such as oil and gas, banking, fertilizers, and cement are leading the market’s upward trajectory.

This rally is further bolstered by strong corporate earnings, anticipation of a central bank policy rate reduction, and progress on crucial economic reforms. Foreign investors remain actively engaged in the market, contributing to its positive momentum.

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