Pakistan Stock Exchange (PSX) Thursday witnessed an unprecedented surge, reaching new milestones and closing at the highest level in its history.
The bullish momentum was evident as the market notched up an incredible 1000 points twice within the trading day.
The KSE-100 index soared past the significant milestone of 64500 points for the first time wherein investors and market analysts alike celebrated the achievement over the robust performance of the country's financial markets.
The day's success was further underscored by a substantial uptick in market activity, with over 1.2 billion shares changing hands in significant transactions.
The total traded value reached an impressive 37 billion rupees, reflecting a surge in investor confidence and a renewed interest in the stock market.
As the closing bell rang, the Karachi Stock Exchange 100 Index recorded a stellar rise of 800 points, concluding the day at an extraordinary 64718 points. The historic high not only marks a momentous day for the stock market but also signals a positive outlook for the economic landscape.
The financial community is buzzing with excitement, and experts are optimistic about the long-term implications of this surge. The Karachi Stock Exchange's record-breaking performance is expected to reverberate across the financial sector, setting the stage for a new era of growth and prosperity.