KSE-100 index hits record 51,000 points

KSE-100 index hits record 51,000 points

KSE-100 Index News

KARACHI: Pakistan Stock Exchange (PSX) crossed another milestone on Tuesday as the investors remained active in blue chip scrip on anticipation of smart economic growth and country’s stable rating, Business92 reported.

The benchmark KSE-100 index crossed the psychological barrier of 51,000 points peaking to highest level ever during intraday trade.

The market touched a high of 51,488 points and fell to the lowest at 50,936 points.

However, the market witnessed a technical correction near trading end and closed at 51,073 points after an increase of 137 points.

Some 191.19 million shares worth Rs17.375 billion exchanged hands.

Share prices of 172 companies registered advancements, 211 declined while price of 14 companies remained pegged to an even keel.

 

 

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