PSX records record high; 100 index closes at 121,798 points

KARACHI: The Pakistan Stock Exchange witnessed a huge rally on the third day of the trading week on the back of growing investor confidence and positive expectations regarding the upcoming budget, as a result of which the 100 index crossed the record level of 121,000 points for the first time in history.

The index recorded a significant increase of 1,347 points in total during the trading session, after which the 100 index closed at 121,798 points. During the trading session, the index also touched a high of 121,882 points, which is a new milestone in the history of the market. Pakistan Stock Exchange creates new record; 100 index crosses 121,000 points

The index had closed at 120,450 points the previous day, thus witnessing a huge rally in a single day, which is being credited to the confident attitude of investors and positive hopes on the economic policies linked to the budget.