PSX touches history's highest peak

PSX touches history's highest peak
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Summary (PSX) achieves yet another milestone as it closed at highest 46,186 points in history

KARACHI (Dunya News) – Pakistan Stock Exchange (PSX) achieves yet another milestone as it closed at highest 46,186 points in history, reported Dunya News.

Karachi Stock Exchange which is also known as Pakistan Stock Exchange broke all the previous record while closing at the highest point on Wednesday at its closing.

Due to prices of crude oil getting higher in international market, an increase in the share prices of oil sector has been observed as a result.

On the other hand, with the projects associated with China-Pakistan Economic Corridor (CPEC) speeding up, the share prices of cement sector have also soared to a higher level.

Owing to the improvement in these two sectors, Pakistan Stock Exchange attained the huge landmark by closing at the highest point in country’s history.

The overall performance of PSX has also been hailed by the international experts and various business journals as 30 percent increase in overall share prices has been observed this year.