Economy

PSX Hits Historic High as KSE-100 Index Surges to 115,000 Points

This surge follows a series of bullish performances, including a 2,100-point gain earlier in the week.

KARACHI: The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 Index surged to an all-time high of 115,100 points on Friday, marking a remarkable 990-point increase in a single trading session. This surge follows a series of bullish performances, including a 2,100-point gain earlier in the week.

The record-breaking rally began with a strong upward movement at market opening and continued throughout the day, closing well above the previous day’s level of 114,180 points. This impressive climb of 3,370 points signals growing investor confidence in the market.

Read More: PSX hits new high of 113,000 points amid buying momentum

The PSX has shown robust momentum this week, with investors reacting positively to market developments. The sustained bullish trend marks a significant rebound, showcasing the market’s resilience and potential for continued growth.

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