Karachi: The Pakistan Stock Exchange (PSX) witnessed a huge rally at the beginning of the trading week and the 100 index touched an all-time high. The index not only crossed the psychological threshold of 156,000 but also closed at 156,087 points with an increase of 1,810 points.
The 100 index reached a new record high of 156,199 points during trading, which shows investor confidence and market strength. The reason for this rally is being attributed to the positive trends of the past week and ongoing investments by local and foreign investors.
According to market analysts, the government’s efforts to stabilize the economy and the improvement in the political situation in the country have also led to this positive trend.
This record-breaking rally has created new opportunities not only for small but also big investors, which is expected to further improve the market in the future.
Commenting on this record-breaking performance, market experts say that this boom can be sustainable if the government continues with its economic policies.
