On Thursday, trading at the Pakistan Stock Exchange (PSX) began with a bullish trend, witnessing a remarkable increase of 2,431 points during the session.
The KSE-100 Index consecutively crossed three significant milestones—111,000, 112,000, and 113,000 points—reaching a new record high of 113,242 points.
This significant recovery in the stock market is attributed to strong fundamentals and positive economic indicators.
The surge in trading activity is driven by attractive stock valuations for investors, a notable reduction in interest rates, and expectations of a decline in the Sensitive Price Index this week. As a result, the market remains in a positive zone.
It is noteworthy that on Wednesday, the KSE-100 Index closed at a new high of 110,810.22 points, with a gain of 1,913.57 points.