KARACHI: The anno­uncement of strong projections for economic growth and development spending for the upcoming fiscal year propelled the Pakistan Stock Exchange (PSX) to new highs on Tuesday. Renewed value buying across all sectors pushed the benchmark KSE 100 index to an all-time high, closing above 120,400.

Bulls maintained a firm grip on the market, propelling the benchmark KSE-100 index to a record close of 120,450.87, with a gain of 1,573 points or 1.32 per cent, supported by renewed investor confidence and an improving macroeconomic........

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