In a record-setting spree, bulls propelled shares at the Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade.
This surge in the benchmark index was driven by sustained optimism surrounding Pakistan’s macroeconomic outlook, which has contributed to a positive market sentiment.
As per details, the bencmark KSE-100 index reached an all-time high of 99,085 points during intra-day trading, surpassing its previous close of 97,328.39 points.
On Thursday, the KSE-100 index gained 1,781.94 points, or 1.86 per cent to settle at 97,328.39 points at the closing of the stock market.