Wednesday, July 30, 2025

Record-Breaking Day for PSX as KSE-100 Index Reaches 86,940 Points

-

The Pakistan Stock Exchange (PSX) continued its impressive performance on October 23, 2024, with the KSE-100 index reaching a remarkable 86,940 points during intra-day trading, nearing the 87,000 mark.

This surge marks the third day in a row of positive trading.

The day started with a strong gain of 268 points, bringing the index to 86,734.66 by 11:18 am. This follows a successful session the previous day when the index peaked at 86,807 points. By the end of the trading session, the KSE-100 index closed at 86,057.52, up 807.42 points or 0.95%.

Analysts attribute this bullish trend to improved investor sentiment, positive economic indicators, and political stability following constitutional amendments approved by the National Assembly. On the economic front, Pakistan also reported a current account surplus of $119 million for September 2024, marking its highest surplus since April.

The trading session saw over 474.9 million shares traded, with 269 stocks closing higher. Market experts noted that investor confidence was boosted by speculation around upcoming earnings and easing lending rates, which contributed to the market’s upward movement .


LATEST POSTS

Trump’s Tariffs Hit Home-Prices Going Up for Everyday Americans

From laundry rooms to lunchboxes, Trump’s tariff war is creeping into American homes — and it's your wallet that’s...

Chinese Toy Guns Declared Dangerous Firearms in Japan — Over 1,100 Seized

A shocking discovery in Japan has turned childhood fun into a national security scare — toy revolvers imported from...

Traders vs. FBR — Business community Announces Nationwide Strike on July 19

“Enough is enough! We Pay Tax, Not Price of Harassment!”Pakistan’s business community has drawn a red line — July...

Most Popular