KARACHI – The Pakistan Stock Exchange (PSX) displayed a strong bullish momentum as the KSE-100 Index broke past the historic milestone of 111,000 points on Tuesday
As the session progressed, the market continued its upward trajectory, witnessing a remarkable surge of 1,753 points. This surge allowed the index to surpass two significant thresholds—110,000 and 111,000 points—peaking at an unprecedented 111,723 points.
The trading session opened with an impressive jump of 882 points, pushing the index beyond the 110,000-point level to reach 110,852 points, marking a significant achievement on the second day of the business week.
On Monday, the KSE-100 Index had already achieved a record level of 109,500 points during trading. By end of the day, the index recorded a significant rise of 916.44 points and concluded at 109,970.38 points.
In recent weeks, the PSX has consistently hit record highs, establishing new performance benchmarks.
The current rally can be credited to various positive economic developments including reduced interest rates under the updated monetary policy, increased inflows and the ongoing implementation of economic reforms.
The factors collectively strengthened the market and reflected a steady recovery in the national economy.
