Stock market boom and new record

Records continue to be made in the stock exchange (PSX), the benchmark KSE 100 index reached the highest level of 97 thousand points for the first time during trading on Thursday. The percentage increase reached the highest level of 97056.13 points. Automobile assemblers, commercial banks, Fertilizers, pharmaceuticals and refinery sectors saw buying. Shares of companies including NRL, HSCOL, PSO, EFERT, HBL and NBP saw positive trade. Experts say that the political protests on November 24 are likely for investors. The buying has been seen on easing concerns. The stock market has rallied in recent weeks on positive macroeconomic indicators and expectations of further key policy rate cuts.