The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gained nearly 3,000 points on Friday to close at an all-time high level of 162,257 points.
At close, the benchmark index was up 2,977 points (or 1.83%) to close at 162,257 point compared to 159,280 points on the previous trading day.
A total of 1,714,917,163 shares valuing Rs. 70.74 billion were traded during the day as compared to 1,673,571,032 shares valuing Rs. 55.27 billion on the last trading day.
A total of 484 companies traded shares, with 228 closing higher, 230 lower, and 26 unchanged.
Prime Minister Shehbaz Sharif also expressed satisfaction as the benchmark index surged past record 160,000 mark, lauding his economic team’s efforts to put the country’s economy on an upward trajectory.
The prime minister, in a statement, said that the historic milestone achieved by the PSX reflected the confidence of the business community and investors in the government’s policies.
“The country is moving towards economic growth after attaining the economic stability”, the prime minister said.
