PSX soars to all-time high, crosses 75,000 milestone

The Pakistan Stock Exchange continues to make records as it has been witnessing a tremendous boom since the opening of business on Wednesday.

The index increased by 574 points during the trading session, taking the 100 index to a new all-time high of 75,000.

Economist Muhammad Sohail says that the 100 index is above 75,000 as foreign purchases are the reason for this new high of the index. MSCI has reviewed its global indices and included one of our companies.

He said that Pakistan’s share in the index will also increase and the index will be 87, 000 by December this year.

It should be noted that the Pakistan Stock Exchange also increased by 732 points yesterday and the index closed at 74, 531 points.