PSX Hits Record High at 154,277 Points Amid Economic Optimism
The Pakistan Stock Exchange gained 1,611 points, marking six consecutive days of growth driven by investor optimism and a stronger rupee despite flood-related economic risks.
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8 Articles
PSX hits record high at 154,277 points amid economic optimism
The Pakistan Stock Exchange (PSX) surged to an all-time high on Friday, with the KSE-100 Index closing at 154,277, up 1,612 points in a single session. This marks the first time the index has surpassed the 154,000 level. The rally was spearheaded by the National Bank of Pakistan (NBP), which surged 9.88% to Rs171.98 after its Corporate Briefing reignited expectations of a healthy year-end dividend. The management hinted at optimising capital lev…
PSX hits 154,000 mark as forex reserves rise modestly
The Pakistan Stock Exchange (PSX) continued its upward momentum on Friday, surpassing the 154,000-point milestone for the first time—a development widely linked to improved investor sentiment and strengthening economic indicators. During intraday trading, the benchmark KSE-100 Index surged by 1,629.5 points, settling at an unprecedented 154,295.22 points, reflecting a 1.07% gain compared to the previous close of 152,665.72. Analysts attribute th…
PSX Surges Past 154,000 Points Amid Investor Optimism
The Pakistan Stock Exchange (PSX) crossed the 154,000-point mark on Friday, driven by strong investor optimism despite flood-related risks threatening the economy. The KSE-100 index soared to historic levels as investors bet on improving macroeconomic indicators and a stronger rupee. Market Breaks New Record The PSX opened with a sharp rise, gaining more than 1,000 points by mid-morning. By 3:24pm, the KSE-100 index had climbed 1,615 points, rea…
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