PSX crosses historic milestone of 100,000 points

Karachi: The Pakistan Stock Exchange (PSX) 100 Index created a new history during trading on Thursday.

The Pakistan Stock Exchange witnessed a boom at the start of trading and the index initially crossed the 100,000 mark with an increase of 1,271 points.

At one point, the 100 Index was seen trading at 1,00,540.

Two days ago, due to the political situation, the PSX 100 Index saw a decline of 3,500 points.

However, after the political situation improved yesterday, the 100 Index saw an increase of more than 4,500 points, and then the index closed at 99,239 points.

It is pertinent to note that the Pakistan Stock Exchange's 100 Index has crossed the historic milestone of 100,000 points from 40,000 points in 17 months.