Islamabad, Nov 22: The Pakistan Stock Exchange (PSX) experienced an extraordinary rally on the last trading day of the week, marking a historic moment as the 100 Index surpassed the 99,000-point mark for the first time.
During the session, the 100 Index soared by an impressive 2,057 points, closing at a record high of 99,385 points. This remarkable performance earned the PSX the title of the second-best-performing stock market globally.
Analysts attribute this surge to a shift in investment patterns, with capital flowing from fixed income investments into the equity market, indicating renewed confidence among investors.
This milestone has sparked optimism among traders, with many expecting the positive momentum to continue in upcoming sessions.
