On Wednesday, the Pakistan Stock Exchange experienced a significant uptick, causing the KSE-100 index to reach an intraday high of 86,146 points.
This is the third day in a row that there have been gains, which have been fueled by expectations of lower interest rates and foreign investment.
The KSE-100 index gained 254 points at the start of the market, quickly reaching a new high of 85,918 points.
The index increased by 484.83 points during the session, surpassing the previous record of 86,000 points.
The rally is attributed to a variety of factors, such as anticipated interest rate cuts and increased foreign investment following Pakistan’s participation in the IMF program, as well as falling inflation.
