Business
KSE-100 Index surges past 153,000 to set new PSX record – SUCH TV
The Pakistan Stock Exchange (PSX) witnessed a robust start on Friday, with the benchmark KSE-100 Index surging past the historic 153,000-point level. This record-setting performance at the opening of trade reflected upbeat investor sentiment and growing confidence in the market’s outlook.
Index surges past 153,000 points
The market opened with a sharp rally, gaining more than 900 points right at the start of the trading session.
According to market data, the KSE-100 Index was recorded at 153,587 points shortly after opening.
Strong momentum in Karachi
The rally reflects growing investor confidence, with trading activity in Karachi’s stock market pushing the index to new heights.
The upward momentum underscores the PSX’s resilience and positive outlook amid economic developments.
On Thursday also, the PSX carried its bullish momentum, with the benchmark KSE-100 Index surging past the 153,000 level on the back of strong sectoral performance and improved investor sentiment.
Within minutes of the market opening, the index jumped over 700 points, continuing its record-breaking run.
At the start of the business session, a strong bullish trend was visible as the KSE-100 Index climbed by 1,680 points to reach 153,270.
By 10am, the index was hovering at 152,974.07, reflecting a gain of 772.20 points or 0.51%.
During intraday trade, the index hit a high of 153,117.26, underscoring investors’ appetite for stocks across multiple sectors.