Today, for the first time in its history, the Pakistan Stock Exchange (PSX) crossed the 105,000-point threshold, marking a significant milestone. Currently, the market is dominated by the positive trend.
Over 900 points were added to the PSX during trading, but profit-taking prompted the index to fall just below the 105,000-point mark. The 100-Index ended the day up 401 points, coming in at 104,960 points.
Market observers credit the rally to increased investor confidence, which was fueled by positive economic data and better market liquidity. The PSX’s performance highlights how resilient and appealing it is becoming to both domestic and international investors.
