Pakistan Stock Exchange (PSX) reached a new milestone on Thursday as trading opened with a sharp rise, pushing the benchmark index past the 134,000-point mark.
The market began the day with a gain of 348 points.
According to stock analysts, a result season rally has kicked off, boosting investor confidence. United Bank Limited (UBL) is set to announce its half-yearly financial results Friday,
Investors are expecting earnings of Rs13 per share along with a dividend of Rs5.50 per share.
Analysts say strong financial expectations and optimistic market sentiment are driving the index to new highs.
