The Pakistan Stock Exchange (PSX) on Wednesday set a new record with the benchmark KSE-100 index crossing the 170,000-point mark for the first time. The index surged 1,160 points in intraday trading, showing unprecedented momentum.
According to market data, the index touched a new high of 170,616 points during trading. The day was volatile, but the overall trend was buoyed by interest from local investors as well as foreign funds.
The 100 index touched a low of 169,806 points during the day, while at one point the index touched a high of 170,697 points, its highest intraday level.
The KSE 100 Index closed at 169,456 points at the close of business yesterday, but today’s historic session once again proved that the investment climate in the market is continuously improving and investors are trading with confidence.