The Pakistan Stock Exchange (PSX) concluded trading at an all-time high due to surging investor confidence amid positive economic and diplomatic developments. The new financial year kicked off with remarkable momentum, with the KSE-100 Index establishing two new records within a single day.
During the trading session in Karachi, the KSE-100 Index soared by 2,844 points to reach an intraday peak of 128,475 points, a historic level for the PSX. By the close of trading, the index maintained its upward trajectory, gaining 2,572 points to settle at an unprecedented 128,100 points, crossing the 128,000-point psychological barrier for the first time. Of the 479 companies traded, 233 saw their share prices rise, while 206 recorded declines, reflecting a dynamic and active market environment fueled by strong investor sentiment.
The day’s trading volume was equally impressive, with over 1 billion shares exchanged, amounting to a total value exceeding PKR 43 billion. The market’s strong beginning to the fiscal year indicates a good performance for Pakistan’s economy, as the PSX continues to express the country’s improving financial environment and investor confidence in its growth prospects.
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