Share prices surge to all-time high at Pakistan Stock Exchange
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Sharie prices at Pakistan Stock Exchange (PSX) on Wednesday soared to all-time high as the index smashed through the 87,000 points mark for the first time, reported 24NewsHD TV channel.
By the close of trading, the benchmark KSE-100 index was surged by 727.96 points or 0.83 percent, taking the index to historic high of 87,194.53.
On Tuesday, at the close of the market activity, the KSE-100 index stood at 86,437.06, up by 370.49 points or 0.43%. Trading volumes exceeded 201 million shares, with a total market value of Rs4.69 billion.
Market analysts attribute this consistent rise to improved investor sentiment and stable economic indicators.
The surge was driven by across-the-board buying following approval of constitutional amendments by the National Assembly (NA).
Reporter Ashraf Khan