The Pakistan Stock Exchange (PSX) continued its upward momentum on Thursday as investor confidence in the government’s economic policies drove fresh gains.
During intraday trading, the benchmark KSE-100 index surged by 513.10 points, pushing it past the 151,000-point barrier to reach 151,104.10 points — up 0.34 percent from the previous close of 150,591.
This comes a day after the index notched an all-time high, closing at 150,591 with a strong gain of 820.26 points, or 0.55 percent.
Trading activity saw 667.8 million shares change hands, slightly lower than the 809 million shares traded in the prior session. The total value of shares traded stood at Rs 40.7 billion, compared to Rs 48.4 billion a day earlier.
Out of 487 companies that traded, 240 posted gains, 216 recorded losses, and 31 remained unchanged.
On the regional front, Asian stock markets presented a mixed picture as investors awaited key signals from the US Federal Reserve’s annual Jackson Hole symposium, which is expected to set the tone for global financial markets in the coming days.