The stock market witnessed a groundbreaking week, breaking three major records and marking a historic phase in its performance.
The benchmark KSE-100 index soared to unprecedented levels as the market achieved a historic milestone by surpassing 99,000 points during the week. The KSE-100 index closed at a record 97,798 points, recording a significant gain of 3,035 points over the week.
This performance came on the back of robust trading, with four bullish sessions out of five.
In a single day, shares worth Rs45.4 billion were traded -- a first in 7.5 years. Additionally, after a year, the market saw a significant transaction volume, with 1.2 billion shares traded in one day.
Market capitalization also saw a sharp rise, increasing by Rs311 billion to reach Rs12.518 trillion, reflecting growing investor confidence in the economy.
A day ago, the PSX witnessed an unprecedented rally on the last trading day of the week, making history as the KSE-100 Index crossed the 99,000-point mark for the first time.
During the session, the Index surged by an impressive 2,057 points, closing at a record level of 99,385 points. This remarkable performance also placed the PSX as the second-best-performing stock market in the world.
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