Pakistan stock market hits record highs amid strong trading
Business
Pakistan’s stock market touched record highs on Thursday, with the KSE-100 index hitting 172,047 points before closing at 171,960.
KARACHI (Dunya News) – Pakistan’s stock market soared to historic highs on Thursday as trading kicked off with strong momentum. The benchmark KSE-100 index climbed over 1,800 points during the day, reaching an all-time high of 172,047 points.
By the close of trading, the index settled at 171,960 points, up 1,646 points from the previous session.
Market activity saw heavy buying in key sectors including cement, commercial banks, oil and gas exploration, oil marketing companies, power generation, and refineries.
Stocks like ARL, Hubco, PSO, SNGPL, SSGC, Mari, MEB, MEBL, and NBP closed in the positive zone.
A market expert said investors are feeling confident as the market continues to ride the wave of optimism. After minor setbacks in the previous session, the stock market has now bounced back with a bang, reflecting renewed investor trust.
