The SE -100 Benchmark Index of the Pakistan Stock Exchange (PSX) rose to 162,257 points on Friday, which marketing a new all -time height with a significant single day of 2,976.91 points or 1.87 percent.
The buying rally continued throughout the session, in which the index hit the height of Intra -Day 162,422.28.
The recent meeting between Prime Minister Shahbaz Sharif and US President Donald Trump promoted the hope of the market, which analysts say promoted investors’ confidence and played a vital role in a positive pace.
Analysts also pointed to a better economic approach to Pakistan as an important driver behind a permanent rally.
The Prime Minister said in a statement that the historic milestone achieved by PSX reflects the confidence of investors in the business community and government policies.
Prime Minister SARS, “After the achievement of economic stability, the country is moving towards economic growth.