KARACHI: The Pakistan Stock Exchange (PSX) has obtained a remarkable milestone, as it surpassed the 85,000-point mark for the first time in its history, marking a key moment in the nation’s financial markets.
On Tuesday, the benchmark KSE-100 index increased by 500 points, pushing it to an all-time high of 86,410 points. This historic increase shows growing investor confidence and highlights the resilience of the country’s economy despite international economic challenges.
Market analysts also attribute this rally to many factors, including improved investor sentiment, stable macroeconomic indicators, as well as positive developments in sectors such as energy, banking, and technology. Moreover, the government’s recent economic reforms and steps to stabilize the rupee have also added to the market’s strong performance.
Earlier, the PSX set a new record, crossing the 83,000-point mark for the first time in the country’s history. The market increased by 282 points in Friday’s trading session, reaching 83,003 points.
