Share prices rally to record high at Pakistan Stock Exchange
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The Pakistan Stock Exchange (PSX) continued its upward trajectory on Tuesday, boosted by favourable economic indicators and relative political stability, tossing the index to another all-time high, reported 24NewsHD TV channel.
During the opening session, the PSX witnessed bullish trend as the benchmark KSE-100 index soared by 720 points amid hectic buying. Later, profit-taking eroded some of the gains and a little before noon the index was trading at 86,743.48, up by 685,97 points or 0.79 percent, as compared to previous day’s close of 86,172.
On Monday, the PSX benchmark KSE-100 shares index had surged 807.42 points or 0.95% to finish at 86,172 points.
Reporter Ashraf Khan