Saturday, November 2, 2024
71.7 F
Peshawar

Where Information Sparks Brilliance

HomeBusinessPSX hits all-time high as KSE-100 index crosses 86,000 points - SUCH...

PSX hits all-time high as KSE-100 index crosses 86,000 points – SUCH TV



The Pakistan Stock Exchange (PSX) continued its bullish momentum, with the benchmark KSE-100 Index reaching new highs.

The index surged by 600 points, crossing the 86,000 mark to close at 86,100 points, marking a significant milestone in market activity.

Earlier in the day, the KSE-100 Index had traded up 335 points, settling at 85,818 points before continuing its upward trajectory. The rally is driven by investor optimism, bolstered by positive economic indicators and strong performances across key sectors.

Market analysts attribute this surge to renewed confidence in the market, with increased foreign investment and positive corporate earnings reports fueling the bullish sentiment. Traders expect the market to sustain its upward trend in the coming days.

The PSX continues to draw attention from both local and international investors, with high liquidity and growing investor participation driving record-breaking trading volumes.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

 

Recent Comments