KARACHI – The Pakistan Stock Exchange (PSX) set a new record on Friday as the benchmark KSE-100 index crossed both 160,000 and 161,000 points for the first time in history. The rally highlighted renewed investor confidence and marked a major breakthrough for the country’s financial markets.
Record-breaking performance at PSX
Trading began on a strong note, with the index surging past the long-awaited 160,000 mark. Early in the session, the KSE-100 jumped by 1,255 points to reach 160,535. This alone was a record, but the momentum continued throughout the day.
By the close of trading, the index had gained a massive 1,843 points, settling at 161,123. This marked the first time the KSE-100 closed above the 161,000 level, cementing the day as one of the most historic sessions in PSX history.
Key milestones achieved
- First-ever breakthrough of 160,000 points
- Surged past 161,000 in the same session
- Intra-day gain of 1,843 points
- Record closing at 161,123 points
Investor confidence behind the rally
Market experts attribute the surge to strong buying across various sectors, reflecting optimism in Pakistan’s economic outlook. They noted that stability in policy measures and hopes for future growth have boosted sentiment.
Despite global economic uncertainty, the performance of PSX highlights the resilience of Pakistan’s equity market. Analysts believe such gains will attract further investment and strengthen the stock exchange’s position as a key player in the region.
The record-setting rally has raised expectations for sustained growth, with investors closely watching upcoming economic developments that may influence future market trends.
In other news read more about UAE Residents Cash in on Soaring Gold Prices, Choose Exchanges and Upgrades
