BREAKING NEWS
Advertise with us >

PSX 100 Index continues bullish run, hits new record

PSX 100 Index

KARACHI:  The Pakistan Stock Exchange (PSX) maintained its strong upward momentum on Tuesday, with the KSE-100 Index reaching a new historical high of 185,000 points during intraday trading.

The benchmark index was trading at 185,023 points, up by 2,615 points, as investor optimism continued to drive market activity.

Yesterday, the KSE-100 had closed at 182,408 points, gaining 3,373 points. Over the first four trading sessions of the new year, the index has already surged by 11,151 points, reflecting sustained confidence in the market.

Market analysts attribute the rally to positive investor sentiment, encouraging economic indicators, and expectations of policy stability, which have kept buying activity robust.

PSX continues bullish run as index jumps more than 2,600 points

PSX continues bullish

Karachi: The Pakistan Stock Exchange (PSX) continued its strong upward trend on the second trading day of the year, with the benchmark KSE-100 Index posting significant gains.

Trading on the final day of the business week began on a positive note, with the 100 Index crossing the 179,000-point mark during early hours. At one point, the index surged by 2,661 points to reach 179,016.

By the end of the first session, the index was halted at 178,504 points, while a total of 570 million shares were traded, generating a turnover of Rs 32 billion.

It is worth noting that a strong bullish trend was also observed on the first trading day of the New Year, when the PSX 100 Index closed at 176,355 points, gaining 2,300 points.

Market analysts attribute the sustained rally to renewed investor confidence and positive economic expectations at the start of the year.