The Pakistan Stock Exchange (PSX) has made history by crossing the 85,000-point mark for the first time.
On the second day of trading this week, the KSE-100 index surged by 500 points, reaching an unprecedented level of 86,410 points.
This remarkable performance comes on the heels of the recent approval of a loan from the International Monetary Fund (IMF), which has boosted market confidence.
Analysts credit this historic rally to several factors, including improved investor sentiment, stable macroeconomic conditions, and positive developments across key sectors like banking, energy, and technology.
The government’s economic reforms, including measures to stabilize the Pakistani rupee.
This milestone follows another record set last week when the PSX surpassed the 83,000-point mark for the first time, closing at 83,003 points after gaining 282 points in Friday’s session.
