KSE-100 index crosses record 52,000 level

KSE-100 index crosses record 52,000 level

KARACHI: Shares market witnessed another bullish session on Monday and the benchmark index crossed all previous levels and touched the milestone of 52,500 points, Business92 reported.

The market started the first trading day of the week in the green zone and soon index rallied to set another record.

During the intra-day trading, KSE-100 index touched 52,500 mark which is a record high in the history of the bourse.

In the morning session, index gained 700 points. Experts attribute the bullish trend with positive developments on domestic front and the ‘One Belt, One Road’ moot which Prime Minister Nawaz Shairf attended with a high level delegation with four chief ministers of the provinces accompanying him.

The national consensus on CPEC and further agreements and MoUs Pakistan signed during the moot in Bejing provide further impetus to the market.

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One thought on “KSE-100 index crosses record 52,000 level

  1. Saba Shahid

    I wish that that index keeps on rising and bring new business in Pakistan that will improve the standard of living and people can get education and earn good money to feed their family,

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