The Pakistan Stock Exchange (PSX) continued its upward momentum, with the benchmark KSE-100 Index nearing the 99,000 mark, gaining 1,200 points during intra-day trading.
After opening lower at 97,137.63, strong buying activity pushed the index above 99,000, reaching a high of 99,317.47 before slightly retreating.
Read more: PSX Reaches Record High as 100-Index Approaches 93,000
Commercial banks led the rally, supported by gains in the pharma and fertilizer sectors. The KSE-100 Index closed at 98,187.32, up by 389.09 points, with a trading volume of 144.3 million shares. \
Despite a 66.7% increase over the past year and 51.85% growth year-to-date, political unrest, including PTI’s long march demanding the release of political prisoners and other reforms, continues to impact market sentiment.
