The Pakistan Stock Exchange today witnessed strong upward movement as the PSX 100 Index crossed a historic level.
PSX 100 Index Surpasses 156,000 Points
During Monday’s trading session, the PSX 100 Index gained more than 1,800 points, moving beyond the 156,000 level. This is the highest mark ever recorded in the Pakistan stock market.
Sector-Wise Performance in Pakistan Stock Market
Investor activity increased across major sectors. The rise in the Pakistan Stock Exchange today was driven by buying in cement, commercial banks, oil and gas exploration companies, OMCs, and power generation firms. Shares from these sectors contributed to the surge in the PSX 100 Index.
Stock Market Today vs Last Week’s Closing
On the last trading day of the previous week, the PSX 100 Index had also recorded a sharp rise. It closed at 154,277 points after an increase of 1,611 points. The momentum carried forward into the first trading day of the new week, pushing the Pakistan stock market to a fresh peak.
According to the observation of market analysts, the level of trading and investor participation in the Pakistan Stock Exchange continues to improve. The behavior of the PSX 100 Index reveals that there is still a long-term involvement of the major sectors, and this makes the stock market today the most interested in its history.
