KARACHI: The Pakistan Stock Exchange (PSX) has set a new record for the second consecutive day, displaying a bullish trend that pushed the index past the 77,000-point mark.
Following the presentation of the federal budget by the government on Thursday, the PSX experienced a historic high, crossing four psychological levels in a single trading session.
On Friday, the PSX continued its bullish momentum from the opening of trading, initially gaining 186 points, with the KSE 100 index rising to 76,208 points. As the trading session progressed, the index further increased by 1,073 points, surpassing the 77,000-point level for the first time in the nation’s history.
The KSE 100 index ultimately reached a new all-time high of 77,281 points, driven by this unprecedented rally in the stock exchange.
