The Pakistan Stock Exchange (PSX) saw a bullish trend on Wednesday, with shares climbing over 300 points due to positive investor sentiment. The benchmark KSE-100 index climbed 512.78 points to reach 64,967.0, before retracting slightly to close at 64,822.43. Mohammed Sohail of Topline Securities attributed the upward trend to expectations of measures to address economic and circular debt issues by the Special Investment Facilitation Council (SIFC). Raza Jafri of Intermarket Securities noted continued enthusiasm from investors, particularly in oil and gas names. Awais Ashraf of Akseer Research linked the bullish trajectory to reports of settlement of circular debt, but also noted that the deal was contingent on approval from the finance ministry and the International Monetary Fund (IMF).