The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index on Monday crossed the 48,000 mark for the first time in almost two years as it gained record over 1,000 points.

According to the PSX website, the market recorded an increase of 1010.93 points at 11:10am, up 2.15 per cent from the previous close of 47,076.99 points.

As per media reports, Arif Habib Corporation said the KSE-100 index, which is currently trading at 48,087.92 points, crossed the 48,000 level after 24 months. The stock market had last achieved this milestone on August 23, 2021, it added.

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