Stocks on Wednesday roared to a new high shortly after the opening bell, with the rally fueled by strong fundamentals and improved fiscal projections remaining in full swing, despite renewed political tensions triggered by an opposition protest call for November 24.
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index climbed to an all-time high of 96,707.00 points during intraday trading, gaining 850.34 points or 0.89% compared to Tuesday’s close of 95,856.66.
The sustained upward momentum underscores growing investor optimism amid a recovering economy.
This follows Tuesday’s remarkable session, where the KSE-100 Index touched an intraday peak of 96,036 points before closing at 95,857, marking a gain of 860.99 points or 0.91%.
This is a developing story and is being updated with more details.