With the KSE-100 index hitting a record high of 87,128.04 points during intra-day trading on Wednesday, the Pakistan Stock Exchange (PSX) continued its upward trajectory and approached the 87,000 mark. This was the third day in a row that there were gains.
With a significant 268-point surge at the start of the trading day, the index reached 86,734.66 by 11:18 AM. The KSE-100 index had a great performance the day before, peaking at 86,807 points, and this upward trend came after that.
The KSE-100 index increased by 370.49 points, or 0.43%, to settle at 86,837.06 at the end of Tuesday’s trade. Over 201 million shares were traded, and the market value was Rs4.69 billion.
Stable economic statistics and improved investor morale are cited by market observers as the reasons for the continuous increase.
