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The Pakistan Stock Exchange crossed the historic mark for the first time, at the highest level Achi-News

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Achi news desk-

KARACHI – The Pakistan Stock Exchange (PSX) crossed another milestone, crossing the 72,000 mark for the first time as it continued to dominate the trading floor on Wednesday.

The benchmark PSX KSE-100 index touched 72,335 points, up 976 points from the previous 71,476 points.

The stock market is witnessing a bullish trend amid a record current account surplus, high foreign direct investment, and peak IT exports.

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Key sectors such as oil and gas, banks, fertilizers and cement are driving the market.

The rally was also supported by strong corporate earnings, expectations of a policy rate cut by the central bank and progress on key economic reforms. Foreign investors are active in the market, contributing to its positive momentum.

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