[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]On Wednesday, the Pakistan Stock Exchange (PSX) witnessed a historic milestone as its benchmark index, the KSE-100, surged past the 75,000 mark for the first time ever, marking the exchange’s most remarkable day of the year.
According to data from the PSX website, the market commenced the day with a positive outlook, with the KSE-100 Index experiencing robust trading activity, currently hovering around 74,660 after briefly peaking at an unprecedented 75,000.
Read more: PSX Rises By More Than 700 Points During Trading
Investors were buoyed by the index’s remarkable ascent, with a notable increase of 563 points, culminating in a peak of 75,094 points on Wednesday. This surge in market performance has been attributed to several factors, including encouraging economic indicators, robust corporate earnings, and supportive government policies aimed at fostering investment and economic expansion.
The positive investor sentiment reflects a growing optimism regarding Pakistan’s economic trajectory and its potential for sustained growth and development. Earlier in the week, the PSX had already closed at an all-time high, underscoring the exchange’s significant role in the country’s financial landscape.[/vc_column_text][/vc_column][/vc_row]
