Bulls dominate as PSX rises by nearly 1,400 points with experts citing ‘good corporate results’

Bulls dominated the trading floor on Tuesday at the Pakistan Stock Exchange (PSX) as shares rose by nearly 1,400 points, with experts citing “good corporate results” as the reason for the uplift. The rise comes after the market sustained a three-week losing streak, despite bearish performances in the last three sessions due to political noise and reciprocal tariffs imposed by US President Donald Trump on American allies and competitors, which heightened concerns about a potential global trade war. After the slump, shares at the exchange went on a record-setting streak as the KSE-100 index climbed more than 3,000 points to surpass the 114,000 mark. The market opened last week with a spectacular rally after the State Bank of Pakistan released remittances data, showing a surge of over a quarter to $3 billion in January.