Due to a number of variables, including stability in the economy, the Pakistan Stock Exchange (PSX) crossed the 69,000 mark on Monday, marking a significant milestone.
The benchmark KSE-100 index closed at 69,619.98 points, up from the previous finish of 68,416.78 points, after gaining 1,203.20 points, or 1.76%.
On Monday, the Pakistan Stock Exchange (PSX) saw positive trading activity with shares rising by over 1,200 points and breaking above the 69,000 barrier.
The index had previously garnered media attention after surpassing 68,000, a milestone that Arif Habibi Limited referred to as its “highest-ever closing.” The increases were ascribed by analysts to “aggressive buying” in exploration and production stocks, as well as pharmaceuticals.