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PSX hits historic high as KSE-100 crosses 162,000 mark

PSX hits historic high as KSE-100 crosses 162,000 mark

An undated image. — The Nation

The Pakistan Stock Exchange (PSX) reached a historic milestone on Friday as the KSE-100 index surged to a record 162,257 points, gaining 2,976.91 points or 1.87% in a single day.

The rally persisted throughout the session, with the index touching an intra-day peak of 162,422.28.

Market experts attributed the surge to growing investor confidence following Prime Minister Shehbaz Sharif’s recent meeting with US President Donald Trump, as well as optimism over Pakistan’s improving economic outlook.

In his remarks, the prime minister said the PSX’s record performance reflected strong trust from the business community and investors in government policies.

“The country is moving towards economic growth after attaining economic stability,” he stated.

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