Times of Pakistan

PSX surges as KSE-100 index gains over 1,900 points

8 hours ago 1
ARTICLE AD BOX

The upbeat trend was also visible across Asian equity markets.

KARACHI: The Pakistan Stock Exchange (PSX) continued its strong bullish momentum on the final trading day of the week, driven by positive global cues following a ceasefire in the Middle East.

At the opening of trading, the benchmark KSE-100 index surged by 1,932 points, reflecting strong investor confidence. The index rose 1.17% to reach 167,449 points.

The upbeat trend was also visible across Asian equity markets, where major indices traded in positive territory.

Benchmark indices in Japan, South Korea, and Indonesia each gained around 2%, while markets in India and Vietnam posted gains of approximately 1%.

Japan’s Nikkei rose nearly 2%, while South Korea’s KOSPI gained 1.40%. Hong Kong’s Hang Seng Index increased by 0.55%.

Meanwhile, Shanghai and Hong Kong indices also traded marginally higher, remaining up by less than 1%, reflecting a broadly positive regional market sentiment.

Read Entire Article