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PSX scales 130,000 barrier as market climbs by 2,100 points

28 1
thursday

Bulls continued their reign over the trading floor at the Pakistan Stock Exchange (PSX) on Wednesday as shares scaled the 130,000-point barrier to reach a new high after climbing by 2,100 points.

The benchmark KSE-100 index opened on a positive note, rising by 1,430.07 points (1.12 per cent) to reach 129,629.49 points at 10:07am, from the previous close of 128,199.42 points.

Shares then rose further to reach 130,344.03 points at close, gaining 2,144.61 points (1.67pc) from yesterday.

The PSX extended its record-breaking rally for the fourth consecutive........

© Dawn Business