Pakistan Stock Exchange briefly touches new all-time high

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Pakistan Stock Exchange briefly touches new all-time high

The Pakistan Stock Exchange (PSX) hit another all-time high as the market saw a significant surge today during intra day trading, with the current index standing at 82,927.72, reflecting an increase of 960.72 points and a 1.17% rise.

The market opened strong and quickly reached a high of 82,930.00, while the low for the day was recorded at 81,981.50.

The trading volume was robust, with 96,960,121 shares exchanged, contributing to a total value of Rs8.35 billion.

This strong performance follows the previous close at 81,967.00 and signals continued investor confidence in the market.

Earlier, The Pakistan Stock Exchange (PSX) continued its upward trend on Wednesday, gaining 162 points amid positive indicators such as falling inflation, a stable rupee, declining global commodity prices, and growth in the agriculture sector.

The KSE-100 index rose 0.2%, closing at 81,967.01, after reaching an intra-day high of 82,360.28 points.

Early trading saw the index drop to an intra-day low of 81,529.45 points due to geopolitical tensions in the Middle East.