PSX Hits Historic High Surpasses 93,000 Mark in Intra-Day Trading

The Pakistan Stock Exchange (PSX) achieved a historic milestone on Friday as the benchmark KSE-100 index surged past the 93,000 mark for the first time. The index recorded an intra-day high of 93,140.05 points, reflecting a gain of 619.57 points (0.67%) from the previous close of 92,520.48 points.

Market Momentum

The rally was driven by strong investor sentiment, buoyed by improving economic indicators and policy reforms. Key sectors, including banking, cement, and technology, saw significant buying activity, contributing to the upward momentum.

Key Highlights

• Record High: KSE-100 index touched 93,140.05 points during intra-day trading.
• Daily Gain: Up by 619.57 points or 0.67%.
• Previous Close: 92,520.48 points.

Market Sentiment

Analysts attribute the surge to increased foreign inflows, corporate earnings optimism, and political stability, which have collectively bolstered investor confidence.

Developing Story

Further updates on market drivers and sector performance are awaited.