{"id":30926,"date":"2024-03-28T11:53:35","date_gmt":"2024-03-28T06:53:35","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=30926"},"modified":"2024-03-28T11:57:16","modified_gmt":"2024-03-28T06:57:16","slug":"psx-sees-bullish-trend-crossing-historic-high-67000-points","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/latest-news\/psx-sees-bullish-trend-crossing-historic-high-67000-points\/","title":{"rendered":"PSX sees bullish trend, crossing historic high 67,000 points"},"content":{"rendered":"<p>KARACHI: Pakistan Stock Exchange (PSX) touched an all-time high level of 67,130 with shares rising more than 600 points during intraday trading on Thursday.<\/p>\n<p>Experts attributed that surge in PSX to a recent deal with IMF for a new loan and the proposed privatization of the Pakistan International Airline (PIA).<\/p>\n<p>From the previous close of 66,547.78 points on Wednesday, the KSE-100 index increased by 639.22 points, or 0.96 percent, to stand at 67,187 at 11 am.<\/p>\n<p><em><strong>READ MORE:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/psx-crosses-67000-points-milestone\/\">PSX crosses 67000 points milestone<\/a><\/strong><\/em><\/p>\n<p>Taking on X, Arif Habib Limited tweeted at 10:50 a.m., stating that KSE-100 Index trading at an all-time high level of 67,130; crossed the previous high level of 67,094 on an intraday basis. KSE-100 index went up by 582 points (67,130 pts, +0.87%, on intraday basis) DoD; surpassed its previous high of 67,094 points (on intraday basis), it said.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">KSE100 trading at all time high level of 67,130 ; crossed previous high level of 67,094 on intraday basis<\/p>\n<p>KSE-100 index went up by 582 points (67,130 pts, +0.87%, on intraday basis) DoD ;  surpassed its previous high of 67,094 points (on intraday basis).<a href=\"https:\/\/twitter.com\/pakstockexgltd?ref_src=twsrc%5Etfw\">@Pakstockexgltd<\/a><a href=\"https:\/\/twitter.com\/hashtag\/KSE100?src=hash&amp;ref_src=twsrc%5Etfw\">#KSE100<\/a>\u2026 <a href=\"https:\/\/t.co\/xM6fovQfSp\">pic.twitter.com\/xM6fovQfSp<\/a><\/p>\n<p>&mdash; Arif Habib Limited (@ArifHabibLtd) <a href=\"https:\/\/twitter.com\/ArifHabibLtd\/status\/1773226048521462066?ref_src=twsrc%5Etfw\">March 28, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The bullish market was witnessed in index-heavy sectors including automobile assemblers, commercial banks, cement, chemical, oil and gas exploration companies, and OMCs. Index-heavy stocks including Lucky Cement, OGDC, PPL, SNGPL, PSO, SHEL, and SSGC were trading in the green.<\/p>\n<p>On Wednesday, the Pakistan Stock Exchange hit a new milestone and closed at its highest-ever level in history on the back of healthy buying by both local and foreign investors coupled with institutional support.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: Pakistan Stock Exchange (PSX) touched an all-time high level of 67,130 with shares rising more than 600 points during intraday trading on Thursday. Experts attributed that surge in PSX to a recent deal with IMF for a new loan and the proposed privatization of the Pakistan International Airline (PIA). From the previous close of [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":30929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,9],"tags":[3460,11089,13969],"class_list":["post-30926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest-news","tag-pakistan-stock-exchange","tag-psx-bullish-trend","tag-psx-touch-historic-67000-points"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/30926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=30926"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/30926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/30929"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=30926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=30926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=30926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}