PSX surges as KSE-100 climbs to 153,627 points
Business
Pakistan Stock Exchange jumps over 3,000 points as KSE-100 hits 153,627. Asian markets show mixed trends amid Middle East tensions and global trading fluctuations
KARACHI (Dunya News) - The Pakistan Stock Exchange maintained strong momentum as trading opened in the positive zone.
On the fourth day of the business week, the stock market saw a remarkable surge. During the session, the KSE-100 index increased by more than 3,000 points, reaching 153,627 points.
It is worth noting that at the close of trading yesterday, the KSE-100 index had gained 837 points to settle at 150,016 points.
Meanwhile, Asian stock markets displayed mixed trends due to ongoing tensions in the Middle East.
According to reports, Japan’s Nikkei 225 rose by nearly 3 percent, reflecting strong gains in the region.
Malaysia’s stock market also saw an increase of over 1.5 percent.
On the other hand, Thailand’s stock market recorded a modest 1 percent rise, while China’s Shanghai Composite Index showed slight losses. Similarly, Hong Kong’s Hang Seng Index registered minor declines during trading.