The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Tuesday, driven by improved investor sentiment and optimism following the Asian Development Bank’s (ADB) latest growth outlook for Pakistan.
During intraday trading, the benchmark KSE-100 index surged by 1,370.57 points to reach a historic high of 165,218.25 points, reflecting a gain of 0.84 percent compared to Monday’s close at 163,847.68 points.
On Monday, the KSE-100 index had already advanced by 1,590.68 points, or 0.98 percent, closing at 163,847.69 compared to 162,257.01 on the previous trading day. On Tuesday, trading volumes stood at 1.28 billion shares worth Rs65.77 billion, compared to 1.71 billion shares valued at Rs70.74 billion a day earlier. Out of 482 listed companies, 235 recorded gains, 216 posted losses, while 31 remained unchanged.
