KARACHI – The Pakistan Stock Exchange (PSX) achieved a historic milestone on Monday, crossing the 135,000 points mark for the first time ever, reflecting strong investor confidence and continued bullish momentum.
During the intraday trading, the benchmark index stood at 135,101.83 points, registering an increase of 802.07 points, or 0.6%, compared to the previous close of 134,299.76.
The index touched a high of 135,496.60 and recorded a low of 134,937.43 during the trading session, also reflecting investors’ uncertainty.
Total market volume stood at 32,079,358 shares, indicating sustained investor interest and positive sentiment across sectors.
Market analysts attribute the bullish trend to improving macroeconomic indicators, a stable policy environment, and growing investor participation from both domestic and foreign players.
On Friday, the KSE-100 index concluded the business week with bullish trend as it gained 517.42 points, a positive change of 0.39 percent, and closed at 134,299.77 points.
A total of 765,079,448 shares Rs 40.165 billion were traded during the day.
As many as 477 companies transacted their shares in the stock market, 220 of them recorded gains and 228 sustained losses, whereas the share price of 29 companies remained unchanged.
This is a developing story