Business

New record in the stock market: the 100 index crosses 128,000 points

Karachi: The Pakistan Stock Exchange started the new financial year with an unprecedented surge. The buying trend by investors increased, which led to a significant increase of 2,572 points in the 100 index.

The index closed at the end of the trading day at 128,199 points, which is the highest level in the country’s history. During trading, the index reached 128,475 points at one point.

Financial experts say that the improvement in economic policy after the budget and the increase in local and foreign investment are the main reasons for this historic rally. This strong start is expected to lead to more positive trends in the coming days.

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