Pakistan Stock Exchange Hits New Record as 100 Index Crosses 115,000 Points
Islamabad:The Pakistan Stock Exchange (PSX) is witnessing a positive trend, with the 100 Index reaching a new record high, crossing the 115,000-point mark for the first time in history.
As of the latest trading session, the PSX 100 Index has risen by 163 points, reaching 114,344 points. At one point during the day, the index surged to a new peak of 115,172 points, setting a fresh all-time high.
This marks a significant milestone for the Pakistani stock market, reflecting investor confidence and positive market sentiment. The index had closed the previous trading day at 114,180 points, indicating the sharp upward movement in the ongoing session.
Market analysts attribute this growth to improved economic indicators, strong corporate earnings, and investor optimism surrounding government economic reforms. However, the market is still closely monitoring political developments and global economic trends that may influence future performance.