The Pakistan Stock Exchange (PSX) has achieved a historic milestone, with the benchmark KSE-100 Index surging past the 96,000-point mark for the first time in history.
On Monday, the KSE-100 Index rose by 878 points, reaching a record high of 95,874 points. The rally reflects strong investor confidence, driven by positive market sentiment and encouraging economic indicators.
Market analysts credit this surge to a combination of factors, including robust corporate earnings, foreign investment inflows, and optimism surrounding the country's economic policies. The restoration of the 95,000-point barrier is seen as a significant milestone in the PSX's journey.
The development reinforces the PSX's position as a vital barometer of economic growth and investor confidence in Pakistan. Trading volumes also witnessed a remarkable uptick, indicating increased market activity and interest from investors.
The new record is expected to further attract both domestic and international investors, bolstering the overall economic outlook.
