New record in Pakistan Stock Market, 100 Index at 1.43 lakh level
Karachi: The Pakistan Stock Exchange (PSX) witnessed a remarkable bullish trend on Tuesday due to the strong confidence of investors, as a result of which the 100 index touched a new historical level and closed at 1,43,037 points.
During the trading session, the index also reached a record high of 1,43,281 points at one point. Thus, Pakistan’s capital market has crossed another important milestone.
More than 540 million shares were traded in the market, with a total value of more than Rs 36 billion. Growing investor confidence, continuity in economic policies and improvement in financial indicators are considered to be the main drivers of this bullish trend.
It may be recalled that the 100 index closed at 1,42,052 points at the end of trading yesterday (Monday).
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