The Pakistan Stock Exchange (PSX) started off the business week on a selling note, and the benchmark KSE-100 index passed a major milestone on the mark of 142,000 and hit a record high. On Monday the market had experienced a sharp rise during early trading which is an indicator of high participation of investors.
The KSE-100 index gained 1,139 points in the session at new all-time high of 142174 points. This is in line with the last week close where the index was at 141,034 points. The bullish trend reflects the growth in trading volumes and the high rate of trading in major sectors.
Observable market activities show that the Pakistan stock market was in furious motion with the investors tracing the essential macroeconomic indexes and company earning announcements. The PSX performance is also an expectation of the future monetary policies and fiscal news.
The KSE-100 index remains a key indicator of market direction and investor sentiment in Pakistan. Analysts continue to monitor index performance closely for future trend signals.
