KSE-100 reaches historic high as investor confidence lifts PSX

Karachi: The Pakistan Stock Exchange (PSX) achieved another milestone by crossing the psychological barrier of one hundred eighty-three thousand points for the first time in history during trading today.

The market opened on a positive trajectory and maintained an upward momentum through much of the session, reaching an intraday high of 183,964.37 before easing slightly towards the end.

At close, the benchmark KSE-100 Index settled at 182,408.23, an increase of 3,373.30 points or 1.88%.

The Hundred Index, that closed at one hundred seventy-nine thousand and thirty-four points on last working day, reached one hundred eighty-three thousand one hundred and eighty-seven points during trading today showing an increase of four thousand one hundred and fifty two points.

The upward trend in the stock market reflects increasing confidence of the business community on economic policies of the government.