Karachi: Today’s Pakistan Stock Exchange (PSX) registered a new record when the 100-Index rose 1049 points to reach 114,225 points during trading.
Today the market processed 54 million shares while recording Rs. 27 billion in trading value. The PSX market capitalization rose by Rs. 98 billion to reach a total of Rs. 14,053 trillion.
Analysis indicates the strengthening global environment together with local economic stability created this positive market trend. Higher investor confidence produced increased share demand which drove the index to rise.
Analysts predict ongoing positive market trends will cause additional share value appreciation that can drive better returns for investors over the long term.
