The Pakistan Stock Market achieved a historic milestone, reaching its highest level in the country’s history, buoyed by restored investor confidence.
During the third day of the business week, the 100 index soared past the 75,000 points mark at the Pakistan Stock Exchange (PSX).
The market witnessed a significant uptick, with the 100 index gaining 516 points, trading at an impressive level of 75,475 points.
Read: PSX Benchmark Index Tops 74,000, Up Over 300 Points
Notably, the previous trading day also ended on a positive note, with the 100 index closing at 74,531 points, marking a robust increase of 732 points.
On that day, transactions involving 570 million shares were settled, amounting to 23.4 billion rupees. The market capitalisation surged by 78 billion rupees, reaching a total of 10,037 billion rupees.
Additionally, the KMI 30 index at the Pakistan Stock Exchange experienced a notable uptrend, rising by 1,687 points throughout the trading session, and concluding at 123,198 points by the market’s close.