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Pakistan stock exchange hits new high, surpasses 136,000 points

Pakistan stock exchange hits new high, surpasses 136,000 points

Karachi:  The Pakistan Stock Exchange (PSX) experienced another historic day of bullish momentum today, with the benchmark KSE-100 Index soaring past 136,000 points for the first time in its history.

Kicking off the trading week with strong activity, the market opened with a significant surge of 1,013 points, reaching an intraday high of 135,313.

Throughout the session, investor confidence remained robust, and the index continued to climb, ultimately reaching a peak of 136,140 points marking an increase of over 1,500 points during the day.

Prime Minister's Expression of Joy

Meanwhile, Prime Minister Shehbaz Sharif expressed happiness over the stock exchange crossing the 135,000-point mark, stating that it is a reflection of the confidence of the business community.

The Prime Minister said that the recent positive economic indicators indicate that the government's policies are on the right track. Creating a business-friendly environment is our top priority.

The country has embarked on the path of economic stability followed by economic growth. The government is working tirelessly for national development and public welfare, said PM Shehbaz

 

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