KARACHI: The Pakistan Stock Exchange (PSX) continued its record-setting streak on Thursday, driven by the government’s recent economic measures, including cuts in National Savings Scheme rates, lower industrial electricity tariffs, and accelerated discussions on the privatization of state-owned enterprises.
The benchmark KSE-100 Index climbed 342 points, or 0.26%, to close at a new all-time high of 130,686.66, surpassing Wednesday’s close of 130,344.03. During the session, the index hit an intraday peak of 131,325.11 and a low of 129,776.20, with strong institutional buying and consistent investor confidence sustaining the bullish momentum throughout the day.
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