Karachi Stock Exchange-100 Index Exceeded 50,000 points
For the first time KSE-100 index exceeded 50,000 points.
Pakistan Stock Market has been going positive since few months. It has been beating its own records since last year.
On Tuesday, January 24, 2017 KSE-100 reached all-time high as its index exceeded 50,000 point within 30 minutes into exchange.
The standard index moved 50,049 points at 9:34 AM just after marketplaces unlocked while the finishing up reached 511 points at 49, 876 on Monday.
The current Index of KSE-100 was recorded to be 0.24% at 49,897 points having 94+ million shares trafficked by now roughly calculating Rs. 8.63 billion.
PSX in 2016, had risen up to 14,990 points with overhead the usual return of 45% dollars.
The augmentation of fluidity has abetted the market to achieve over 4% Year-to-Date.