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PSX hits new peak on earnings optimism

14 3
yesterday

KARACHI: After a day’s pause, the Pakistan Stock Exchange (PSX) resumed its record-breaking momentum on Thursday, with the benchmark KSE-100 index closing at a new all-time high amid rising investor confidence driven by record remittance inflows and renewed access to Middle Eastern financing.

The KSE-100 index surged by 1,205.36 points, or 0.91 per cent, to close at 133,782.35 — just shy of the intraday high of 1,325 points. Ali Najib, Deputy Head of Trading at Arif Habib Ltd, said the market had an intense session on the back of improved investor sentiment.

The rally was fuelled by historic

© Dawn Business