Pakistan stocks set new record; index crosses 183,000 level

KARACHI: The wave of record-setting bullish trend continues at the Pakistan Stock Exchange, with the index once again reaching a new all-time high on Monday.

On the first trading day of the business week, the market opened with a strong rise of 1,828 points, taking the KSE-100 Index to a new historic level of 180,863 points.

Subsequently, the bullish trend strengthened further, and with record gains of 1,940, 1,999, 2,225, 2,357 and then 2,634 points, the index touched the level of 181,669 points, marking the highest level in history.

After noon, the market witnessed extraordinary bullish momentum, and with a historic surge of 4,210 points, the KSE-100 Index rose to a new all-time high of 183,245 points.

It is worth mentioning that on the last trading day of the previous week, the PSX had also closed higher, with the index increasing by 2,600 points to settle at 179,034 points.

Web Desk