The Pakistan Stock Exchange (PSX) broke the previous record of bullish growth during trading hours on Thursday as it crossed the 138,000-point level for the first time.
The benchmark KSE-100 index hit an all-time high of 138,133 points after rising 1,753 points. Today’s rise broke the market’s previous intra-day high of 137,747 points set on July 15 due to increased investor involvement.
The energy, oil, fertilizer, and pharmaceutical industries saw significant buying, which fueled the bullish momentum and improved market mood overall. Early in the session, trading broke the psychological barrier of 137,000 points after starting with a 300-point increase and continuing to build momentum.
