The Pakistan Stock Exchange (PSX) hit a historic milestone on Friday as the KSE-100 Index crossed 161,112 points for the first time ever, fueled by a strong buying spree. The market jumped nearly 1,900 points soon after opening, sparking excitement among traders and investors.
By 10:34am, the index stood at 161,112.04, up 1,831.95 points or 1.15%, after touching an intraday high of 161,343.79. Turnover crossed 153.9 million shares, reflecting robust trading activity. Key sectors, including cement, commercial banks, oil and gas exploration, marketing companies, power firms, and refineries, all witnessed heavy buying. Major stocks like ARL, HUBCO, MARI, OGDC, PPL, POL, SNGPL, and PSO closed in the green, further boosting investor sentiment. Analysts say this surge could mark a turning point for long-term market confidence.
Meanwhile, in Washington, Prime Minister Shehbaz Sharif and Chief of Army Staff Field Marshal Syed Asim Munir met with US President Donald Trump at the White House. The leaders discussed regional stability, the Gaza crisis, and Trump’s initiative to engage Muslim leaders for peace in Palestine.
Must read the last record broken as PSX Surged Past Historic 155,000 Points Milestone
