The Pakistan Stock Exchange (PSX) maintained a strong bullish momentum on the second day of the New Year, continuing its record-breaking performance.
For the first time in history, the PSX crossed the 178,000-point mark, with the benchmark KSE-100 Index touching its highest level ever. During trading, the index surged by more than 2,100 points, reflecting intense buying activity.
The KSE-100 Index initially gained 1,900 points, breaking through the 177,000 and 178,000-point milestones, and reached an intraday high of 178,358 points. Later, the rally strengthened further, with the index climbing 2,155 points to set a new all-time high of 178,510 points.
It is worth noting that just a day earlier, the Pakistan Stock Exchange had crossed the 175,000-point level for the first time. On that day, the KSE-100 Index rose by 750 points to close at 175,230 points.
Market experts say the sharp rise in the PSX reflects growing investor confidence and optimism at the start of the New Year, driven by positive economic expectations and improving market sentiment.
