Islamabad, Nov 19: The Pakistan Stock Exchange (PSX) has reached a historic achievement, as the benchmark KSE-100 Index surpassed the 95,000-point mark for the first time ever.
On Monday, the KSE-100 Index surged by 878 points, hitting an all-time high of 95,874 points. This surge reflects strong investor confidence, driven by positive market sentiment and favorable economic indicators.
Analysts attribute this growth to several key factors, including strong corporate earnings, foreign investment inflows, and optimism surrounding Pakistan’s economic policies. The breakthrough of the 95,000-point barrier is viewed as a major milestone in the PSX’s growth.
This development further solidifies the PSX’s role as a key indicator of economic progress and investor trust in Pakistan. Trading volumes also saw a significant increase, suggesting heightened market activity and growing investor interest.
This new record is anticipated to attract more domestic and international investors, strengthening the country’s economic outlook.
