Bulls continued to dominate the trade floor on Tuesday as shares at the Pakistan Stock Exchange (PSX) surged by more than 600 points on optimism over investment from Saudi Arabia.

Pakistan’s benchmark share index breached the key 70,000 level to touch an all-time high, its fourth consecutive session of hitting a record, according to data from the Pakistan Stock Exchange website.

The KSE-100 index climbed up to 70,493.02, up by 873.04 points or 1.25 per cent, from the previous close of 69,619.98 points at 10:57am. The index closed at 70,314.71, up by 694.73 or 1pc, from the previous close.

Mohammed Sohail, chief executive of Topline Securities, noted that the market crossed the 70,000 milestone “amid positive news on Saudi........

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