The Pakistan Stock Market has achieved a remarkable feat as the Hundred Index has surpassed 68,000 points, after gaining over 500 points. This is a significant milestone for the Pakistan Stock Exchange, as it has set a new record. The market has experienced a significant boom, and experts attribute this to the government’s efforts in privatizing loss-making enterprises like PIA. This has boosted investors’ confidence, leading to a surge in the market.
In the previous trading session, the stock market had increased by 984 points, and the KSE 100 index closed at 67,871 points after gaining 871 points. During this time, 11 billion 35 crore shares were traded in the market, with 207 companies experiencing an increase in their shares, while 108 companies saw a decline. It’s important to note that on December 12, 2023, the stock market had closed at a record level of 66426 points
