Karachi: The Pakistan Stock Exchange (PSX) achieved a historic milestone today, surpassing the 105,000-point mark for the first time in its history. The bullish trend continues to dominate the market.
During trading, the PSX witnessed a surge of over 900 points; however, profit-taking activities caused the index to dip slightly below the 105,000-point threshold. The 100-Index closed with an increase of 401 points, settling at 104,960 points.
Market analysts attribute the rally to investor confidence, driven by favorable economic indicators and improved liquidity in the market. The PSX’s performance underscores its growing resilience and attractiveness to both local and foreign investors.
