Pakistan Stock Exchange Reaches Historic High, Surpassing 85,000 Points
The Pakistan Stock Exchange (PSX) has set a new record by crossing the 85,000-point threshold for the first time, marking a major achievement in the country’s financial landscape.
On Tuesday morning, the benchmark KSE-100 index climbed by 500 points, reaching an unprecedented 86,410 points. This milestone reflects increasing investor confidence and underscores the resilience of Pakistan’s economy despite global economic uncertainties.
Read More: In a historic milestone PSX KSE-100 Index crosses the 83,000-point benchmark for the first time
Market experts credit this rally to various factors, such as strengthened investor sentiment, stable macroeconomic indicators, and positive advancements in key sectors like banking, energy, and technology. The government’s recent economic reforms and efforts to stabilize the rupee have also boosted the market’s strong performance.
Last week, the PSX broke the 83,000-point barrier, setting a record after gaining 282 points during Friday’s session, closing at 83,003 points.
The PSX’s upward momentum in recent months has been driven by favorable economic policies and strong corporate earnings, solidifying its position as a major player in the region’s financial markets.
