Karachi: The Pakistan Stock Exchange witnessed another strong rally on the first day of the trading week, as the 100 index crossed a new historical high. The index recorded an unprecedented increase of 1,139 points in the first few minutes, with the index trading at a record high of 1,42,174 points.
According to analysts, this rally is a continuation of the positive activities at the end of last week, when the index closed at 141,034. Experts say that investor confidence is recovering, economic indicators are improving, while government policies have also given positive signals that are invigorating the market.
This new high of the PSX has not only excited investors but also brightened the prospects of improvement in the country’s economy. If this trend continues, the market may break more records in the near future.
