The Pakistan Stock Exchange (PSX) made history on Wednesday by surpassing the 86,000 points benchmark for the first time in trading history.
The milestone is a groundbreaking moment for Pakistan’s financial market.
The KSE-100 Index surged by 627 points, reaching an all-time high of 86,291 points during trading.
The market’s upward trajectory has been attributed to positive investor sentiment, fueled by expectations of significant interest rate cuts and favorable economic indicators.
Analysts believe the continued stability and anticipated improvements in Pakistan’s economic outlook have pushed the stock exchange to this record-breaking level.
Earlier, the KSE-100 Index climbed by 521 points to touch 86,185 points. The market is expected to continue its bullish trend, setting the stage for future growth amid optimism in financial circles.