The Pakistan Stock Exchange (PSX) reached an all-time high on Wednesday, surpassing 92,300 points, with an increase of the KSE-100 Index by 510 points.
The Pakistan Stock Exchange (PSX) witnessed uninterrupted growth momentum on the third day of the trading week, thus, registering another day of spectacular profits.
The market started on a positive note when the KSE-100 Index as the benchmark index moved at early trade.
The volatility in the session observed a rise of the index to more than 92,300 points, thus, creating an additional 510 points.
As a result of this, it surged into new all-time highs of 92,810 points during the day.
The strong performance recorded the previous day follows a significant increase. From the record high of 92,304 points, the KSE-100 Index showed an exponential ascent by gaining 366 points in just one day.
Separately, Gold prices in Pakistan decreased by Rs1,000 on Wednesday due to a decrease in the international market.
According to the All-Pakistan Gems and Jewelers Sarafa Association, the price of gold in the local market decreased by Rs1,000 per tola, dropping to Rs282,200, while the price of 10 grams of gold fell by Rs857 to Rs241,941.
Gold prices also declined globally on Wednesday, according to the report of APGJSA.
However, the silver prices are still at the same level of Rs3,430 per tola.
Last month, gold reached a record high of Rs287,900 per tola in Pakistan.
