The Pakistan Stock Exchange (PSX) exhibited a bullish start on the first trading day of 2024. In the initial trading hours, the 100-index surged by 1,580 points, surpassing the 64,000-point milestone to stand at 64,031 points by 10:30 am.
The market had concluded positively on Friday, recording a gain of 400 points and closing at 62,451.04 points. This recent surge marks a continuation of the PSX's upward trajectory, consistently breaking previous records.
The bullish trend was bolstered by several positive economic indicators, including the strengthening value of the rupee and a decline in fuel prices.
