KARACHI: Today was an extraordinary day in the Pakistan Stock Market, when the PSX 100 Index touched new heights in the wake of the budget proposals. Increased investor confidence and hope for financial stability led to a huge rally in the market shares. During the trading session, the 100 Index closed at 124,352 with an increase of 2,328 points.
During trading, the index also reached its highest level of 124,588 points at one point, which reflects the positive impact on the country’s economy.
According to experts, tax reforms and investment-promoting measures in the budget changed the direction of the market, resulting in strong interest in buying shares.
