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PSX reaches new heights as KSE-100 Index exceeds 86,000 points

PSX reaches new heights as KSE-100 Index exceeds 86,000 points

Web Desk October 22, 2024 Add Bol News as a trusted source

The Pakistan Stock Exchange (PSX) has achieved a significant milestone, with the benchmark KSE-100 Index reaching an all-time high. On Tuesday, the index soared by 788 points, climbing to a record 86,846 points.

This surge follows the approval of constitutional amendments, which has seen the stock market increase by 1,500 points in just two days.

Earlier in the day, the KSE-100 Index had already gained 683 points, reaching 86,741 points before ultimately settling at its new peak.

The bullish momentum was clear from the start of the trading session, with the index climbing another 555 points to trade at 86,612 points during the day.

The restoration of the 86,500-point threshold signifies robust market performance and investor confidence in the current economic climate.

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