Business

PSX soars to new heights, breaks 113,213-point barrier

Published by
Staff Reporter

ISLAMABAD: Pakistan Stock Exchange (PSX) touched a historic new height of over 113,213 points for the very first time. This development came in a super-fast rise of 1,400 points within half an hour in a trading session.

This remarkable feat was accomplished during a trading session that saw a rapid increase of 1,400 points within just half an hour. The KSE-100 Index experienced a significant surge of 1,467 points, reaching an unprecedented 112,277 points.

Earlier, at the beginning of the trading session, another benchmark was attained when the index rose 1,200 points in a matter of 15 minutes. KSE-100 Index increased by 1,231 points to 112,041 points.

Yet another record is the PSX reached up to 1,000 points, gaining them in only 10 minutes. The KSE-100 index soared up by 1,100 points up to 111,911 points, touching the 111,000-point mark and making a record in history.

The performance of the PSX portrays substantial investor confidence and dynamic market momentum; as a key indicator to show economic optimism.

It is a milestone that speaks volumes for the growing significance of the exchange in attracting potential investors. Continued record-busting from the PSX could give some optimism to the country’s economic condition, contributing to growth and development.

Staff Reporter

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