PSX index surpassed the 3,000 points threshold
October 4, 2024
The Pakistan Stock Exchange (PSX) continued its upward momentum on Friday, with the KSE-100 index reaching a historic high of 83,102.76 points after a gain of 381 points during the trading session.
This surge comes as the benchmark index surpassed the 3,000 points threshold.
Contributing to this bullish trend are factors such as a drop in the Consumer Price Index (CPI)-based inflation, which has hit a 44-month low, sparking optimism that the State Bank of Pakistan may reduce the policy rate further.