KARACHI: The Pakistan Stock Exchange (PSX) hit a historic milestone with its benchmark KSE-100 Index crossing the 165,000-point mark for the first time ever.
The KSE-100 index continued its bullish momentum, gaining 1,296.48 points, a rise of 0.79%, at 10:14 AM, reaching 165,144.16 points, compared to its previous close of 163,847.68 points.
A day ago, analysts at Topline Securities Ltd. attributed the PSX surge to strong institutional buying, which helped drive market sentiment to new highs. “Institutional inflows and improved market sentiment played a key role in propelling the PSX to this unprecedented level,” they noted.
