KARACHI: The bullish momentum at the Pakistan Stock Exchange (PSX) highlights the resilience of Pakistan’s financial sector and upward trends of the economy.
The PSX has reached a historic milestone, with the benchmark Hundred Index crossing the 96,000-point mark and setting a new all-time high.
The index recorded a remarkable surge of 855 points, closing at 96,711 points, the highest in the market’s history.
Earlier in the day, the index also gained 765 points, reaching 96,622 points, and later climbed another 488 points to trade at 96,344 points. The consistent upward trend reflects strong investor confidence and favorable economic conditions.
Analysts attribute the market’s stellar performance to positive developments in the economy, improved investor sentiment, and increasing foreign investment. The PSX’s sustained growth has positioned it as one of the strongest-performing markets in the region.
The bullish trends with expectations for further gains in the coming days.
Read more: LHC Trashes PTI Founder’s Plea for Interim Bail in All Cases
