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23 Dec 2024

PSX Achieves Milestone as 100-Index Crosses 98,000 Points

The Pakistan Stock Exchange (PSX) continues its bullish trend, with the benchmark 100-Index reaching an all-time high of over 98,000 points. On the last trading day of the week, the market opened on a positive note and quickly surged beyond the milestone.

During the session, the index gained 947 points, peaking at 98,275 points.

A day earlier, the 100-Index closed at 97,328 points, marking a significant rise of 1,781 points. Trading volume on Thursday recorded 969 million shares, with transactions worth Rs. 35.16 billion.

Market capitalization also saw a boost, adding Rs. 196 billion, taking the total to Rs. 12,525 billion.

Analysts attribute the ongoing surge to growing investor confidence and improved economic stability, setting a positive outlook for the PSX’s future performance.

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