All-time High: PSX-100 Index Crosses 91,000-point Benchmark

Mon Oct 28 2024
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ISLAMABAD:  In a significant milestone for the Pakistan Stock Exchange (PSX), the market has surged past the 91,000-point mark, marking an unprecedented all-time high. This remarkable achievement reflects growing investor confidence and a resilient economy, as well as a robust performance across various sectors.

As per local media reports, the benchmark KSE-100 Index has increased by 950 points, closing at a record 90,951 points, marking the 5th consecutive day of gains and showcasing strong investor confidence in the market.

The PSX index’s robust performance shows optimism among investors as well as positive economic outlook.  Experts attribute this record-breaking trend to a mix of positive corporate earnings, improved financial indicators, and increased foreign interest in the country’s equity market.

The 90,000-point landmark underlines the PSX’s position as one of the region’s best-performing stock markets, highlighting a period of historic increase as well as resilience.

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