Pakistan Stock Exchange Hits Historic Milestone as 100 Index Surpasses 97,000 Points Positive Momentum Drives PSX to Record High Amid Fluctuating Market Trends
- By HUMAN ONLINE --
- 21 Nov 2024 --
- 0 Comments
- Ar-Riyad - Saudi Arabia
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In a historic achievement, the Pakistan Stock Exchange (PSX) witnessed its 100 Index crossing the psychological barrier of 97,000 points on Thursday. Despite starting the day in the negative zone, the market rallied strongly, with the 100 Index soaring by 1,694 points, reaching 97,241 points during trading.
At one point during the session, the index touched a high of 97,270 points, marking a significant milestone for the exchange. This surge in the stock market comes after a mixed trend in previous sessions, where earlier in the week the index had shown considerable growth before retreating to negative territory by the close of trading.
The movement in PSX reflects a continued investor confidence despite challenges, highlighting the market's ability to rebound and set new records in the face of fluctuating economic conditions.
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