Tuesday saw the capital market continue its record-breaking run, hitting an all-time high after momentarily breaking beyond the psychological barrier of 96,000 points. Investors were encouraged by positive macroeconomic trends and the finance minister’s clarity on policy.
The Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index surged by 860.99 points, or 0.91%, to reach an intraday high of 95,856.66 on Monday, continuing the rally.
Euphoric investors drove the apex index to 96,036.48 points during intraday trading, but the market was unable to hold that level due to late profit-taking.
The session started at the previous close of 94,995.67, continuing the upward trend driven by robust results in important industries like banking, energy, and telecommunication.
Among the most actively traded stocks are Hascol Petroleum, Waves Home Appliances, and TPL Properties.
