The Pakistan Stock Exchange (PSX) continued its bullish trend on Wednesday, as the KSE-100 index soared to a record high of 86,940 points in intra-day trading, just shy of the 87,000 mark.
This surge marks the third consecutive day of the bullish trend.
The trading session opened with a 268-point jump, pushing the index to 86,734.66 at 11:18am.
This follows a similarly positive session on the previous day, where the KSE-100 index touched 86,807 points.
On Tuesday, at the close of the most recent market activity, the KSE-100 index stood at 86,837.06, up by 370.49 points or 0.43%. Trading volumes exceeded 201 million shares, with a total market value of Rs4.69 billion.
Market analysts attribute this consistent rise to improved investor sentiment and stable economic indicators.
On Monday, PSX staged a remarkable recovery, fueled by encouraging economic indicators and some degree of political stability.
