The Pakistan Stock Exchange (PSX) reached a historic milestone as the KSE-100 Index crossed 158,000 points for the first time.
The market surge came after the signing of a landmark Strategic Mutual Defense Agreement between Pakistan and Saudi Arabia, boosting investor confidence. Analysts termed it a âgame changerâ that could increase liquidity and reduce ri_sk premiums.
The index closed at 157,953.46 points, up 1,775.65 points, or 1.14%. Intraday, it touched a record high of 158,082.55 points. Experts suggest the rally may continue without major corrections as investor sentiment remains strong.
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