Pakistan Stock Exchange (PSX) ended the business week with a record-breaking rise as the KSE-100 Index crossed the 161,000-point mark, showing strong market activity and investor participation.
The Pakistan Stock Exchange (PSX) closed the last trading session of the week with a new all-time high, as the KSE-100 Index surged by 2,060 points to reach 161,340 points during intraday trade.
According to market data, the session started out positively and the gain in the beginning was more than 800 points. The trend has continued to go up in the day pushing the Pakistan Stock Exchange index to its peak to date.
Official data show that the KSE-100 Index performance has increased by 39 percent so far this year and the year-on-year performance is of approximately 96 percent, which means that investors are confident enough and that the trading volumes at the PSX market continue to increase.
Analysts point out that the current momentum in the stock market trends in Pakistan is justified by the consistent inflows of investments and the enhancement of market fundamentals. The good performance of Pakistan Stock Exchange today has been a sign of both local and foreign investors.
