Pakistan Stock Exchange (PSX) achieved another milestone on Tuesday, crossing 166,000 points for the first time in history.

The benchmark KSE-100 index surged to an intraday peak of 166,556.29, marking a gain of 2,708.61 points or 1.65 per cent, while its lowest level of the day was 164,208.33, up 360.65 points or 0.22pc from the previous day’s close.

The index finally closed at 165,493.58 points, recording a gain of 1,645.90 points (1pc).

The continued upward trend in the stock exchange reflects the trade and business community’s increasing confidence in the government’s economic policies, analysts said.

“Strong corporate results and additional liquidity in the market, with a preference for equities, are pushing the market........

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