The Pakistan Stock Exchange (PSX) for the first time in the history of country has gone up by massive numbers. Karachi Stock Exchange (KSE) crossed the 100-Index landmark of 50000 points, marking a new scope for the stock market in the region.
As the trading day ended around Monday, KSE’s index closed at 49,876 points, witnessing the increase in figures by 511 points. Moreover, on Tuesday, the graph further went up by 150 points, taking the index score to 50000 points. Thus, the stock market has faced a breakthrough in business and economic investments.
Furthermore, the economic and stock experts have also claimed that the trend will continue on increasing in the days to come. The record breaking rise in the stock market is the testament to country’s booming economic progress throughout the region.