Karachi: The Pakistan Stock Exchange (PSX) achieved a historic milestone today as the benchmark KSE-100 index surpassed the 138,000 mark for the first time in its history, closing at an all-time high of 138,665 points.
This marks a significant increase of 2,285 points, or 1.68%, from the previous day's close of 136,379 points.
During the trading session, the index reached an intra-day peak of 138,943 points, reflecting strong investor confidence and positive market sentiment. A total of 77 million shares worth approximately 3.9 billion rupees were traded across 486 companies.
Market activity was broad-based, with share prices of 306 companies rising while those of 154 declined. The recent surge is attributed to favorable economic developments, including the International Monetary Fund's (IMF) expressed satisfaction with Pakistan's ongoing reform agenda.
Experts believe that continued economic reforms and positive indicators are fueling increased investor confidence and attracting more investment into the market.
This historic achievement underscores a robust economic outlook and highlights the burgeoning investor interest in Pakistan's financial markets.
