KARACHI: The Pakis­tan Stock Exchange (PSX) reached an unprecedented milestone on Monday, with the benchmark KSE-100 index breaching the 142,000 mark for the first time.

The rally was driven by optimism surrounding strong corporate earnings announcements expected this week, alongside a landmark tariff deal with the United States and growing expectations of a resolution to the circular debt crisis in the power sector. Positive performance in sectors such as cement, oil, and gas further bolstered investor confidence, propelling the index to its highest-ever closing level.

Ahsan Mehanti from Arif Habib Corporation attributed the market’s surge to speculations ahead of major........

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