Pakistan Stock Exchange Hits Record High as 100 Index Crosses 86,000 Points
The Pakistan Stock Exchange (PSX) experienced a remarkable surge at the start of trading, with the KSE-100 Index reaching an all-time high of 86,275 points for the first time. The index rose by 611 points, continuing the bullish trend seen in recent days.
Record High Close on Previous Day
On the previous day, the KSE-100 Index closed at 85,663.97 points, marking a gain of 753.68 points. This represents the highest level in the history of the stock exchange, driven by investor confidence and market optimism. Over the first six business days of October, the index has surged by a total of 4,600 points.
Market Summary
- Total companies traded: 444
- Companies with share price increase: 193
- Companies with share price decrease: 192
- Companies with unchanged share prices: 61
- Total shares traded: 506.56 million
- Total trade value: 33.049 billion rupees
The KSE-30 Index also recorded an increase of 243.69 points, closing at 27,441.12 points, while the KMI-30 Index saw a slight decrease of 421 points, closing at 130,289.80 points.
Positive Outlook
The PSX’s performance reflects strong market confidence and a positive outlook for the economy, with significant investment activity driving the market to new heights.