When the benchmark hits 109,881 points, the PSX-100 index sets a new record.
During the first hour of trading today, the Pakistan Stock Exchange (PSX) made a stunning comeback, moving from negative to positive territory. After losing 1,400 points, the market recovered and gained 800 points.
Setting a new high, the benchmark KSE-100 Index jumped 827 points to a record-breaking 109,881 points. Restored investor confidence was also reflected in the market’s return to its crucial levels of 108,000 and 109,000 points.
Supportive government policies and recent strong economic data are credited by experts with this success, as they have improved market mood.