The Pakistan Stock Exchange has achieved a significant milestone, setting a new record high of 81,518 points. This marks an increase of 362 points, or 0.44%, from its previous closing at 81,156 points.
The surge in the stock market can be attributed to robust participation from both domestic and international investors. Recently, the PSX celebrated crossing the historic threshold of 81,000 points for the first time, underscoring its upward trajectory.
Market analysts point to several factors driving this growth, including ongoing privatization initiatives and the recent agreement at the staff level with the International Monetary Fund (IMF). These developments have bolstered investor confidence, reflecting optimism about the market’s prospects and the broader economic outlook of the country.