Pakistan Stock Market Soars to New Heights with PKR 43 Billion Trading Volume

Pakistan Stock Market Soars to New Heights with PKR 43 Billion Trading Volume

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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