The Pakistan Stock Exchange (PSX) continued its strong upward momentum on Thursday. The 100-Index recorded a significant increase, highlighting growing investor confidence in the market.
The trading session opened at 105,104 points. By the end of the day, the 100-Index surged to 108,238 points, gaining a massive 3,134 points. During the day, the index achieved a new all-time high of 108,345 points.
Trading activity reached exceptional levels. Over 1.64 billion shares were exchanged, marking a total transaction value of PKR 63 billion. This reflects the growing interest of investors in the market’s prospects.
Market Capitalization Soars
The market capitalization rose by PKR 388 billion, hitting an impressive PKR 13,745 billion. This surge underscores the market’s overall stability and growth potential.
Four Days of High Activity
This was the fourth consecutive day where trading volume exceeded one billion shares. The consistent high activity demonstrates a steady flow of investment and robust market engagement.
Positive Momentum Since Wednesday
On Wednesday, the 100-Index crossed the 105,000-point mark for the first time. This milestone set the stage for today’s record-breaking performance, further boosting optimism among investors.
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Key Drivers of Growth
Analysts attribute the surge to multiple factors, including improving macroeconomic conditions and increased investor interest in key sectors. Government initiatives to strengthen economic stability have also played a role in attracting investments.
Investor Optimism on the Rise
Market experts believe this upward trend reflects growing investor confidence. They anticipate further gains in the coming weeks if the current momentum continues.
Broader Economic Impact
The consistent growth in the PSX signals positive economic sentiment in the country. It reflects increasing trust in the financial markets and the potential for sustained economic recovery.
With the PSX breaking records, experts predict further opportunities for investors. They emphasize the importance of maintaining economic stability and policy consistency to support this momentum.
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