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23 Dec 2024

Stock Market Hits Historic High, Index Surges Past 117,000 Mark

The Pakistan Stock Exchange (PSX) continued its bullish trend, crossing the historic milestone of 117,000 points, while the dollar saw a slight decline in value.

On the second trading day of the week, the stock market initially opened on a negative note. However, it quickly turned positive, with the KSE-100 Index surging by 848 points to reach a record-breaking level of 117,796.

This follows an impressive performance the previous day when the market set new records, surpassing two significant benchmarks and strengthening investor confidence.

Meanwhile, the US Dollar saw a minor decline in the interbank market. The greenback fell by 7 paisas, dropping from 278.17 to 278.10 at the start of trading

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