PSX hits 110000 mark

The Pakistan Stock Exchange (PSX) reached a new milestone as the KSE-100 index surged past the 110,000 mark, gaining 1,044 points to reach 110,098.

This marks the ninth consecutive day of growth, with the market seeing a record 7,697-point rise over the past two weeks.

Experts attribute the bullish trend to lowered interest rates, now below 12%, making stocks more attractive.

Improved macroeconomic indicators, including a drop in inflation to 4.9% and the extension of a $3 billion Saudi deposit, have boosted investor confidence.

Market analysts predict continued growth in the coming weeks.