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Home»BUSINESS»PSX-100 Index Achieves Historic Milestone
BUSINESS

PSX-100 Index Achieves Historic Milestone

News DeskBy News DeskOctober 25, 2024No Comments1 Min Read3 Views
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By News Desk

In a landmark achievement, the Pakistan Stock Exchange (PSX) has surpassed the 90,000-point milestone for the first time in its history. During trading, the KSE-100 Index soared by 1,066 points, reaching an unprecedented 90,012 points.

This record-breaking surge reflects robust investor confidence and marks a significant milestone in the stock market’s evolution. The index’s increase of over 1,000 points showcases ongoing positive momentum, fueled by favorable market conditions and encouraging economic indicators.

The day began with a notable upswing in the PSX-100 index, which had already crossed the critical 89,000-point threshold. Earlier in the trading session, the KSE-100 Index climbed by 770 points, hitting 89,720 points during the initial hours of trading.

The rally underscores a wave of positive investor sentiment, driven by recent economic indicators and policy measures aimed at stabilizing the financial sector. As the stock market approached the 90,000-point milestone, the early business session in Karachi highlighted the strong momentum within the PSX, attracting active investor interest and signaling renewed confidence in the market’s potential.

#EconomicIndicators #FinancialGrowth #InvestorConfidence #KarachiTrading #KSE100Index #MarketMilestone #MarketSurge #PakistanEconomy #PakistanStockExchange #PSX100 #RecordBreaking #StockMarketHistory
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