PSX Hits Record High with 100 Index Surpassing 75,000 Points

• Pakistan Stock Exchange’s 100 Index surpassed 75,000 points.
• The market witnessed a 516-point increase, reaching 75,047 points.
• Yesterday’s positive trend continued with a 732-point surge.

Today in Karachi, the Pakistan Stock Exchange (PSX) made significant strides as its 100 index crossed the coveted 75,000-point mark. This milestone reflects the growing strength and confidence in the country’s financial markets.

The trading session saw a notable increase of 516 points, propelling the 100 Index to 75,047 points by midday, marking the third consecutive day of positive growth in the business week.

Just yesterday, the PSX experienced a bullish trend, with the 100 Index closing at 74,531 points after a remarkable surge of 732 points. This consistent upward momentum indicates robust investor sentiment and a favorable outlook for the market.

During today’s trading, a substantial volume of 570 million shares were exchanged, valued at 23.4 billion rupees. This surge in trading activity contributed to a significant rise in market capitalization, which climbed by 78 billion rupees, reaching an impressive 10,037 billion rupees.

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In addition to the impressive performance of the 100 Index, the KMI 30 Index of the Pakistan Stock Exchange also demonstrated strong growth, gaining 1,687 points throughout the trading day and closing at an impressive 123,198 points.

These developments highlight the resilience and potential of Pakistan’s stock market, showcasing its ability to attract investments and generate positive returns for investors amidst a dynamic economic landscape.