Bulls return to PSX as market crosses historic 81,000 mark

The previous business week closed with a significant increase in the KSE-100 index with PSX surpassing the historic 80,000 feat. 

KARACHI: Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index crossed the 81,000 points mark after the trading opened at 80,566.20 points on Tuesday.

KSE-100 index rose by 483.98 points or 0.6% to jump to 81,050.18 points during the intraday trade at 11:40 am, up from the previous session’s close of 80,566.20 points.

Despite a disruption in trading activity on Monday due to a fire in the PSX old building, the benchmark KSE-100 index managed to post 353.41 points gains. The index touched the day’s highest at 80,737.70 points and lowest at 80,192.31 points.

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The previous business week closed with a significant increase in the KSE-100 index with PSX surpassing the historic 80,000 feat.  The Pakistan Stock Exchange (PSX) continued its bullish run on Friday with the KSE-100 index rising 177 points to 80,460 points.