The Pakistan Stock Exchange (PSX) achieved a groundbreaking feat, smashing through the 145,000-point barrier for the first time in its history. The benchmark KSE-100 Index surged by 2,078 points, closing at an all-time high of 145,100.
Just two days ago, on August 4, the KSE-100 Index crossed 142,000 points, driven by a landmark trade agreement with the United States and lower tariff rates, which fueled investor optimism.
Analysts credit today’s surge to robust corporate earnings, favorable monetary policies, and a surge in foreign investment.
Banking, cement, and fertilizer sectors led the charge, with standout performances from companies like Lucky Cement and Fauji Fertiliser.
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