During intraday trading, the benchmark KSE-100 index was 1,721.02 points to reach the 97,267.476 level for the first time in the history of Pakistan.
According to market experts, investors are positively responding to the recent cut in the policy rate and improving the national economy.
KSE 100’s continuous rally highlights Pakistan’s improving economic prospects and the appeal of its equity markets.
PSX maintains bullish trend as KSE-100 gains 861 point
It may be noted here that American monthly Bloomberg magazine forecasted a vigorous 27% growth for the Pakistan Stock Exchange by the end of next year, thanks to stabilizing economic indicators and a steady currency as key drivers.
It highlighted that the Pakistan Stock Exchange-100 Index ranked as the second-best performer globally this year, underscoring its recent resilience.
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