PSX rallies for second consecutive day in new fiscal year

(Web Desk): On the second day of the new fiscal year, the Pakistan Stock Exchange (PSX) continued its upward trend, with the benchmark KSE-100 Index surging by 2,144 points to reach a historic all-time high.

According to the PSX website, on Wednesday—the third business day of the week and the second day of the fiscal year—the market maintained its bullish momentum from the opening bell, with the KSE-100 Index closing at 130,344 points after gaining 2,144 points.

On Tuesday, the first day of the fiscal year, the market had also witnessed a strong rally, closing at a record high of 128,199 points, up by 2,572 points or 2.05%.