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PSX Business National

PSX makes history, crosses 100,000 point milestone

Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 Index remained bullish, gained more than 800 points, and closed above the 100,000 mark for the first time, signaling robust investor confidence.

The KSE-100 benchmark closed at 100,082.77 points, up by 813.52 points, with a high recorded 100,540.29 points and a low 99,354.24 points during the trading session.

Market activity was vibrant, with a total volume of 1.16 billion shares traded, generating a value of Rs 39.78 billion across 401,113 transactions.

A total of 450 stocks were traded during the day, out of which 289 advanced, 117 declined, and 44 remained unchanged.

It is worth mentioning here that the following experienced its steepest fall of the year, the PSX witnessed a bullish trend on Wednesday, gaining 4,695.09 points, a 4.96 percent increase, closing at 99,269.25 points compared to the previous day close of 94,574.16 points as PTI announced to end the protests in the federal capital.

Trading volume reached 1,057 million shares, slightly lower than Tuesday’s 1,116 million, with share value standing at Rs. 39.56 billion, down from Rs. 43.29 billion.

Out of 453 companies, 356 saw their share prices rise, 52 experienced declines, and 45 remained unchanged.

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