The Pakistan Stock Exchange (PSX) continues to set new records, with the PSX-100 Index reaching an all-time high of 88,022.68 points, a rise of 828.15 points (0.95%) in early trading today.
The index hit a peak of 88,047.74 points during the day, further reinforcing its status as one of the top-performing markets in the region.
The PSX-100 has experienced impressive growth, boasting a one-year gain of 72.50% and a year-to-date (YTD) rise of 36.13%, reflecting strong investor confidence. Trading volumes were high, with over 122 million shares traded by 10:49 AM.
Market experts attribute this surge to sustained foreign inflows, improved corporate earnings, and favorable macroeconomic conditions. The index has shown remarkable momentum, climbing from a 52-week low of 50,624.38 points to today’s historic high.
Investor sentiment remains upbeat, and the PSX appears poised to continue its upward trend, attracting both local and international interest.
Earlier in the day, the Pakistan Stock Exchange reached another milestone as the KSE-100 Index gained 626 points, closing at a record-breaking 87,820 points.
This marks the fourth consecutive day of bullish activity, underpinned by strong investor confidence.
Throughout 2024, the PSX has demonstrated resilience, gaining more than 10,000 points since the beginning of the year.
Key sectors such as banking, energy, and technology, alongside increased foreign investments and favorable government policies, have fueled the market’s year-long upward trajectory.
Analysts expect the market to maintain its positive momentum, as investor confidence remains strong and the economic outlook continues to improve. The PSX’s stellar performance in 2024 places it among the top stock markets in the region, showcasing the robustness and potential of Pakistan’s financial sector.
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