Pakistan Stock Exchange surpasses ‘$50 Billion’ mark, hits historic 110,000 Points for first time
The Pakistan Stock Exchange (PSX) reached a historic milestone on Monday, with its total market capitalization exceeding $50 billion for the first time. The benchmark KSE-100 Index also broke records, closing at an all-time high of 109,970 points after gaining 916 points in a single day.
The trading session saw remarkable activity, with 1.6 billion shares traded, amounting to transactions worth Rs60 billion. Despite experiencing a sharp decline of 1,400 points during the session, the market rebounded with a recovery of 1,300 points, reflecting robust investor confidence.
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Market capitalization increased by Rs72 billion in a single day, pushing the PSX’s overall valuation past the $50 billion mark. This historic performance underscores the growing optimism in Pakistan’s economic outlook.
Analysts attribute the surge to improved market sentiment fueled by recent economic reforms and increasing investor participation. The record-breaking 110,000-point milestone signals a positive trajectory for the PSX and highlights confidence in the country’s financial markets.
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