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PSX Hits New Heights as KSE-100 Index Surpasses 83,000 Points

PSX Hits New Heights as KSE-100 Index Surpasses 83,000 Points

The Pakistan Stock Exchange (PSX) continued its upward trajectory on Friday, with the KSE-100 index reaching a new all-time high, gaining 381 points during the trading session.

The benchmark index has surpassed the 83,000 points mark, currently standing at 83,102.76 points as this report is being prepared.

Read more: PSX Reaches All-Time High, Surpassing 82,000 Points Amid Positive Economic Trends

This bullish trend is bolstered by several factors, including a drop in the Consumer Price Index (CPI)-based inflation, which has hit a 44-month low.

The reduction in inflation to single-digit levels has also raised expectations that the State Bank of Pakistan may lower the policy rate further.

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