At the start of the new year, PSX hits new milestone crossing 176,000 points

Karachi: With the start of the new year, a strong upward trend was observed in the Pakistan Stock Market, and for the first time in the country’s history, the Hundred Index surpassed 176,000 points.

According to details, on the fourth day of the business week, a remarkable rise was recorded at the start of trading. With an increase of over 2000 points, the Pakistan Stock Market's Hundred Index reached the highest level of 176,132 points.

There is a strong buying trend in key sectors, including commercial banks, oil and gas, and OMCs (Oil Marketing Companies). Stocks such as PPL, PSO, MCB, PPL, and UBL also showed positive growth.

It is important to note that at the end of the last trading day, the Hundred Index had closed at 174,054 points, a decline of 418 points.