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Weekly PSX report: KSE-100 crosses 145,000 points for first time

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The Pakistan Stock Exchange (PSX) had a largely positive week, driven by investor optimism, corporate earnings announcements, and stable economic indicators, although the week ended with a slight dip.

On Monday, August 4, the benchmark KSE-100 Index gained over 1,017 points, setting a strong tone for the week. The bullish trend continued on Tuesday, August 5, with another 984-point rise, supported by active buying in blue-chip stocks.

Midweek momentum reached its peak on Wednesday, August 6, when the KSE-100 jumped 2,051 points to cross the 145,000-point mark for the first time, a milestone fueled by foreign inflows and upbeat market sentiment.

On Thursday, August 7, the index maintained its upward trend with an additional 558-point gain, although the pace of buying slowed as investors turned cautious after the record-breaking rally.

The week closed on a negative note on Friday, August 8, with the PSX losing over 264 points, as traders engaged in profit-taking ahead of the weekend and global market uncertainties weighed on sentiment.

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