Pakistan Stock Exchange Crosses 45,000 Points, and this is the highest in history. This milestone was achieved during early trading hours on Friday when KSE-100 Index crossed the 45,000 points. The market was opened at 44,741 points, hitting the new record-high at 45,487 points at 3:45 PM.
Total 195,261,880 shares were traded in the market hours and the 100 index closed up 1.44% at 45,387 points today.
According to the experts, the market capitalization of PSE has crossed PKR 9 trillion, increasing the market worth to $84 billion.
There are many factors which are contributing in the current spike in Pakistan Stock Exchange. Growing stability, peace in Karachi, CPEC and the news of more investment coming to Pakistan’s auto sector are all contributing factors in the current spike in Pakistan Stock Exchange.