In a historic achievement, the Pakistan Stock Exchange (PSX) has crossed the 90,000-point mark for the first time. The KSE-100 Index surged by 1,066 points during trading, reaching an unprecedented level of 90,012 points.
This record-breaking rise reflects strong investor confidence and marks a significant moment in the stock market's history. The increase of over 1,000 points underscores the ongoing positive momentum, driven by favorable market conditions and economic indicators.
Earlier, the PSX-100 index experienced a notable upswing at the start of the trading day, crossing the significant 89,000-point threshold.
The benchmark KSE-100 Index surged by 770 points, reaching 89,720 points during early trading hours.
The rally underscores a positive investor sentiment and reflects renewed confidence in the market. Experts attribute this gain to recent economic indicators and policy measures aimed at stabilizing the financial sector.
With the stock market nearing the 90,000-point milestone, the early business session in Karachi highlighted the momentum in the PSX.
The boom saw the KSE-100 Index crossing the 89,000 mark, trading at 89,720 points and continuing to attract active investor interest.
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