Business
Bulls run high as KSE-100 settles above historic high of 76,000
Analysts say budgetary measures proposed by the government turned out to be largely positive for the stocks
Karachi: The Pakistan Stock Exchange (PSX) opened on a visibly positive note in the post-budget session as the benchmark KSE-100 index crossed the 76,000 level to settle at a new record high in the country's history on Thursday.
At close, the benchmark index settled at 76,208.16, an increase of 3,410.73 points or 4.69 per cent. This is the highest points gain in a single session, said Arif Habib Limited (AHL) in a note.
Earlier, the KSE-100 index gained 2735.07 points, or 3.75 per cent to stand at 75,579.23 at 12:17pm, the PSX data portal showed