Karachi: The Pakistan Stock Exchange (PSX) made history on Tuesday when the 100 index rose by an unprecedented 2,540 points during trading activities and the index reached the level of 166,388 points. At one point during trading, the index also touched a high of 166,556 points.
At the end of the previous day, the index had closed at 163,847 points, however, today’s spectacular rally crossed 3 major psychological thresholds in a single day, which is a reflection of the growing confidence of investors.
Economists say that stability in government policies and signs of foreign investment have supported the market in recent days.
On the other hand, investment experts have warned that ordinary investors should be cautious and invest with long-term planning to avoid the effects of sudden fluctuations.
