Karachi – The Pakistan Stock Exchange (PSX) witnessed another record-breaking day today as the market continued its bullish trend.
Since the beginning of the new fiscal year, there has been strong upward momentum in the PSX, with record-setting performance in the 100 Index observed last week.
On the first trading day of the business week, the market saw a sharp increase. As soon as trading opened, the index surged by 1,013 points, reaching a new all-time high of 135,313 points.
During the session, the index continued to rise and crossed the 136,000 mark, reaching a record high of 136,140 points, with a total increase of over 1,500 points during the day.
Prime Minister Expresses Joy
Meanwhile, Prime Minister Shehbaz Sharif expressed happiness over the KSE-100 Index crossing 135,000 points, stating that this historic achievement reflects the business community’s confidence.
The Prime Minister said that recent positive economic indicators show the government’s policies are heading in the right direction. He added that providing a business-friendly environment is a top priority of the government. He stated that the country has now moved from economic stability toward economic growth, and the government is working tirelessly for national development and public welfare.
It is worth mentioning that during the last business week, the Pakistan Stock Exchange also showed a strong bullish trend, with the 100 Index increasing by 2,350 points, ending the week at 134,299 points.