Pakistan Stock Exchange makes history

Pakistan Stock Exchange makes history

KARACHI: (APP) Pakistan Stock Exchange (PSX) on Thursday crossed benchmark of 50,192.36 points. The bullish trend is expected to continue over next couple of days.

High profit portfolios of many companies and positive economic indicators gave boost to stock market, say brokers.

The trading of shares in total remained high. KSE-100 closed with 435.59 points increase at 50192.36 points. The trade volume crossed Rupees 100 trillion, said PSX statement.

KSE-100 index crossing four psychological barriers of 49,800, 49900, 50,000 and 50100 points touched new height of 50192.36 points with increase of 435.59 points.

The trade volume increased by 51.9793 billion. However, market capitalization remained low by Rs 3.8699 billion.