Today’s sharp increase on the Pakistan Stock Exchange (PSX) saw the KSE-100 index exceed the 110,000-point barrier for the first time.
The KSE-100 index reached a new all-time high of 111,000 points on the second day of the trading week, when the market opened with a record-breaking rise of more than 1000 points.
The KSE-100 index hit record highs for several weeks prior to its most recent spike. Analysts credit the sustained expansion to a number of favorable elements, such as improving inflation, a substantial drop in interest rates under the new monetary policy, strong economic indicators, and the continuous execution of economic reform initiatives.
These elements have given the market confidence, which has resulted in steady upward momentum.
