The Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday, with the benchmark KSE-100 index hitting another record high.
Market opened with a dip of 121 points, pulling the index down to 156,411 points. However, bullish sentiment soon returned, lifting the index by 456 points to a fresh peak of 157,028 points during intra-day trading.
The rally persisted as the index climbed by 465 and later 675 points, reaching new all-time highs of 157,238 and 157,349 points, respectively.
Market analysts attributed the sustained momentum to strong investor confidence, which has kept the bourse on a record-breaking streak since last week.
Earlier on Tuesday, PSX saw no signs of a slowdown in its bullish run as investors continued to accumulate equities while taking cues from stella