The Pakistan Stock Exchange (PSX) continued its robust rally on Thursday, with the KSE-100 index surpassing the 94,000-point mark during intraday trading. This surge reflects growing investor confidence, driven by economic stability and positive market sentiment towards blue-chip stocks. The day began with a strong 547-point surge, pushing the index to 93,903 points. As the trading session continued, the market …
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PSX Hits New All-Time High as KSE-100 Index Climbs to 93,648 Points
The Pakistan Stock Exchange (PSX) rallied to a new all-time high of 93,648 points, propelled by a surge in blue-chip stocks. Investor optimism surged on news of impending privatisation of state-owned enterprises (SOEs) and foreign interest from the MSCI’s recent index weight adjustment for Pakistan. A stable rupee and declining lending rates, influenced by falling government bond yields, further fueled …
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