Business
PSX sets another record as KSE-100 index surpasses 102,000 points
The trading volume reached 345,041,632 shares, with a total value of 11,381,780,782 PKR
Karachi: In another historic high at the Pakistan Stock Exchange (PSX), the KSE-100 index crossed 102,664.34 points on Monday, marking an increase of 1,307.02 points, or 1.29%, during today's intra-day trading.
At 11:15am, the market witnessed a strong upward movement, reaching an intraday high of 102,737.83 points, while the low for the day was recorded at 101,921.20 points.
The trading volume reached 345,041,632 shares, with a total value of 11,381,780,782 PKR.
According to analysts, investor confidence, coupled with favourable economic signals, is fueling growth in the stocks. The stock market's robust performance is expected to have a positive impact on the broader economy, they add.
More to follow....