The benchmark Hundred Index of the Pakistan Stock Exchange (PSX) has surpassed 96,000 points, creating a new all-time high, marking a historic milestone. The index saw an incredible 855-point spike, closing at 96,711 points, the highest level ever seen in the history of the market.
The index increased by 765 points earlier in the day to reach 96,622 points, and then by an additional 488 points to trade at 96,344 points. Good economic conditions and high investor confidence are reflected in the steady rising trend.
Analysts credit the market’s outstanding success to rising foreign investment, better investor sentiment, and economic advancements. The PSX is now among the best-performing markets in the area because to its consistent growth.
With more increases anticipated in the days ahead, the PSX’s bullish momentum demonstrates the financial sector’s resiliency.
