The Pakistan Stock Exchange (PSX) continued its record-setting rally for a fourth consecutive session on Wednesday on “strong” corporate results, soaring past 145,000 points.

The benchmark KSE-100 index rose by 1,041.24 points (0.73 per cent) to reach 144,078.40 points at 1:29pm, from the previous close of 143,037.16 points.

The market reached an intraday high of 145,187.17 points at 3:29pm, before closing at 145,088.49, gaining 2,051.33 points (1.43pc) from yesterday.

Reacting to the development, Prime Minister Shehbaz Sharif noted that the “boom in business in the stock exchange is a reflection of investors’ confidence in government policies”.

The premier said facilitating business and investment in the country was among the government’s top priorities, state-run Radio Pakistan reported.

PM Shehbaz said reforms in the Federal Board of Revenue have “improved the tax system and facilitated the business community”. He asserted that the country’s economy was........

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