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New Record! Pakistan Stock Exchange Crosses 92,000 Marks

abdulrehman8185@gmail.comby abdulrehman8185@gmail.com
November 4, 2024
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Today, the Pakistan Stock Exchange (PSX) made history by surpassing the 92,000-point mark for the first time, driven by strong investor confidence. The KSE-100 Index saw a major boost, climbing by 1,212 points to reach 92,072 points, breaking its previous intraday peak of 91,872 points.

Earlier in the trading session, the index had already set a record, increasing by 1,022 points to 91,881 points. This jump also broke past intraday highs, showing strong positive momentum throughout the day.

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One senior market analyst commented on the development, describing it as a “significant milestone” that suggests a favorable environment for investors. They added that if the country’s economic indicators remain stable, we might witness further gains in the near future.

The trading day kicked off positively, with a bullish trend that initially pushed the benchmark index up by 786 points. This rise brought the KSE-100 Index to 91,645 points, reclaiming a level that hadn’t been seen even in previous strong market periods.

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