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PSX begins New Year with gains as KSE-100 crosses 116k milestone

Psx Achieves Another Milestone As 100 Index Crosses 99000 Mark
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KARACHI – The Pakistan Stock Exchange (PSX) maintained its bullish trend on first day of the New Year after registering record gains in outgoing 2024.

The KSE-100 index has gained 929.53 points to hit 116,056 as trading underway in the market after new economic plan launched by the government boosted confidence of investors.

A day earlier, the 100-Index shed 132.09 points, a slight negative change of 0.11 percent, closing at 115,126.90 points.

A total of 1,236,873,705 shares were traded during the day as compared to 1,059,020,119 shares the previous trading day, whereas the price of shares stood at Rs 44.218 billion against Rs.40.889 billion on the last trading day.

As many as 465 companies transacted their shares in the stock market, 235 of them recorded gains and 188 sustained losses, whereas the share price of 42 companies remained unchanged.

More to follow…

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