Karachi: The Pakistan Stock Exchange witnessed a strong rally on the third day of the trading week, with the benchmark KSE 100 index surpassing 170,000 points for the first time. The market was buoyed by confidence, which led to a significant increase of 1,160 points in the index.
The index touched a new high during trading, crossing the milestone of 170,616 points. The market remained strong throughout the session due to continuous buying by investors.
The index recorded a low of 169,806 points during the day, while the intraday high reached 170,697 points, indicating strong market activity.
It should be noted that the PSX session had ended yesterday at 169,456 points, but today’s trading session not only surpassed this level but also created a new chapter in the history of the stock market.
According to investors, government measures, improved economic expectations and return of investment in the market are the major reasons for this historic increase.
