HomeNewsPSX briefly crosses 50,000 points after 6 years - Business

PSX briefly crosses 50,000 points after 6 years – Business

The Pakistan Stock Exchange’s benchmark KSE-100 index briefly went above the 50,000 mark on Tuesday, a milestone that analysts said occurred after six years.

Volume on the KSE-100 index reached high of 50,017.45 at 11:23am, after petering out to 49,787.57 two hours later.

Arif Habib Ltd noted in a post on X (formerly Twitter) that the index went up by “286 points (50,017 pts, or up 0.58pc, on intraday basis) DoD; the 50k level crossed after ~ six years (last seen on June 07, 2017)”.


More to follow

Source: dawn.com

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