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PSX Records Highest Ever Closing After Crossing 80,500 Points

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Legal Editorial Desk
PSX Records Highest Ever Closing After Crossing 80,500 Points
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed at an all-time high today after crossing 80,000 for the third time in a little over two weeks. The KSE-100 index surged by 525 points or 0.65 percent to 80,737 around 2:40 PM today. An encouraging buying despite the PSX building catching fire in the first three hours of trade helped the index enter the 80,000 territory once again. The KSE-100 index closed at 80,566, up 353 points or 0.44 percent. This is the highest-ever closing recorded by the benchmark index. The highest participation was witnessed in Hum Network Limited (PSX: HUMNL) with over 20.66 million shares traded, followed by National Bank of Pakistan (PSX: NBP) and The Bank of Punjab (PSX: BOP). The scrips had 19.5 million shares and 17.5 million shares traded, respectively.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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