Pakistan’s financial markets witnessed a strong wave of optimism as the Pakistan Stock Exchange (PSX) soared past the 139,000-point mark, while the value of the U.S. dollar saw a slight dip in the interbank market.

On the fourth trading day of the week, the benchmark KSE-100 Index opened on a bullish note, gaining 1,456 points early in the session. This surge pushed the index to 139,869 points, marking a significant recovery and renewed investor confidence.

This rise follows the previous day’s close, where the index had settled at 138,383 points—indicating a strong uptrend and positive market sentiment among traders.

In a parallel development, the Pakistani rupee showed slight improvement against the U.S. dollar. According to the Exchange Companies Association of Pakistan, the dollar dropped by 10 paisas in the interbank market, bringing its value down from Rs. 283 to Rs. 282.85.

Analysts attribute the market rally to growing investor confidence, improved economic indicators, and a generally stable political environment. The strengthening of the rupee and the rise in the stock market may also reflect anticipation of favorable economic policies and better fiscal management.

The latest market activity paints an encouraging picture for Pakistan’s financial outlook, with both the stock market and currency exchange rates showing signs of stability and progress.