The Pakistan Stock Exchange (PSX) has set a new record, closing at an all-time high after two and a half months. The benchmark KSE-100 Index surged by 973 points, reaching 117,974 points at the close of trading.
According to market experts, the positive momentum was driven by IMF’s economic review and reassurance, which boosted investor confidence.
On January 3, the PSX had previously recorded its highest level at 117,586 points. During today’s trading session, the index surged 1,252 points, briefly crossing the 118,000-point mark before settling.
A total of 540 million shares worth Rs32 billion were traded in the market.
