Historic high: PSX crosses 80,000 in intraday trade

Karachi: The Pakistan Stock Exchange (PSX) achieved another milestone of crossing 80,000 points on Wednesday as stocks climbed 600 points in intraday trade.

The benchmark KSE-100 index climbed 627.99 points, or 0.79 per cent, to stand at 80,180.87 points from the previous close of 79,552.88.

On Tuesday, the index had crossed the 79,000 milestone for the first time in its history.

Investors showed interest in key sectors including cement, chemical, commercial banks, oil and gas exploration companies, OMCs, and refinery.

Index-heavy stocks including HBL, MCB, NBP, OGDC, PPL, PSO, SHEL, SNGPL, SSGC and PRL traded in the green.