Pakistan Stock Exchange (PSX) Hits Record High as KSE-100 Index Surpasses 93,000 Points
The Pakistan Stock Exchange (PSX) witnessed a remarkable bullish trend at the start of the trading week, with the KSE-100 Index surging to historic levels. The index climbed 551 points, setting an all-time high of 93,845 points, the highest level in the PSX’s history.
The trading session began with strong gains, as the KSE-100 Index rose 408 points early on to reach 93,700 points before additional momentum propelled it higher.
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This follows a record-breaking milestone on Friday, when the PSX crossed the 93,000-point mark for the first time. The KSE-100 Index gained 480 points on that day, closing at 93,001 points. Economists attribute this growth to the positive sentiment surrounding Pakistan’s anticipated economic rating improvement and optimism about ongoing economic reforms.
The previous session saw the market open strongly, with an initial gain of 250 points that pushed the index to 92,770 points. The day’s peak brought the index to 92,520 points, setting a bullish tone that continued into the new trading week.
