Optimism for a reduction in the policy rate drives the PSX to a new peak, fueled by bullish market activity.
On Friday, the Pakistan Stock Exchange (PSX) sustained its upward trajectory, buoyed by expectations of a reduction in the policy rate and the fortification of foreign exchange reserves.
In intraday trading, the benchmark KSE-100 index has increased by 723.44 points, or 0.54%, attaining a record high of 134,505.78 points.
The market commenced robustly, oscillating between a minimum of 134,130.40 and a maximum of 134,553.26, indicative of vigorous investor engagement.
A total of 60,875,270 shares have been traded, signifying vigorous market activity.
