The Pakistan Stock Exchange (PSX) soared past the 100,000-point milestone on Thursday, marking an all-time high and reflecting strong investor confidence driven by positive economic indicators.
The PSX’s benchmark KSE-100 Index has surged by 1077.25 points or 1.09% to surge to 100,346.50 points during the intra-day trade, up from the previous close of 99,269.25 points.
The stocks had retreated two days back due to political instability, with the market suffering an over 3,500-point crash after PTI’s march on Islamabad turned violent.
However, it bounced back to surge by more than 4,600 points and close at 99,269.25, soon after the party had called off its protest following a government crackdown on protesters.
Market experts credited the historic achievement to several factors, particularly the government’s unwavering commitment to implementing reforms.
