Karachi: The Pakistan Stock Exchange (PSX) continues to witness a historic rally. On the second day of the current fiscal year, investor confidence was strong, and the market crossed a new milestone with tremendous momentum.
The 100 Index recorded a remarkable increase of 2,144 points during trading, and the index reached the level of 130,000 points for the first time in the country’s history.
During trading, the index also reached a high of 130,545, while it closed at 130,344 at the end.
The 100 Index had closed at 128,199 points yesterday, which has further strengthened investor confidence and expectations.
According to analysts, the recent rally is a result of financial stability, positive economic indicators, and investor expectations.
Pakistan Stock Exchange’s historic record: 100 index crosses 130,000 points
