The Pakistan Stock Exchange (PSX) reached a record high as its main index rose to 124,012 points, marking a new all-time peak.
This historic milestone came after a strong opening on Wednesday, where the index jumped by 1,987 points. The upward trend continued from the day before, bringing large profits to investors and showing strong market growth.
At the same time, the value of the US dollar slightly dropped in the interbank market. It went down by 21 paisa and was trading at Rs282, according to the Pakistan Exchange Companies Association.
This rise in the stock market, along with the stable currency rate, shows growing confidence among investors. It also reflects a more positive outlook for Pakistan’s economy.
Experts say that this momentum is the result of improved market conditions, better economic indicators, and increased interest from both local and foreign investors. Investors are showing trust in the future of Pakistan’s economy, especially with recent policy improvements and positive signals from global markets.
The PSX’s strong performance is being welcomed by traders and analysts, who hope the market will continue this growth in the coming days.
This achievement also encourages people to invest more in the stock market, which can help improve the overall financial system of the country.
