Pakistani stocks crossed another milestone yesterday, with the benchmark Karachi Stock Exchange (KSE) 100-index crossing the 32,000-point mark for the first time in its history.
At the end of trading, the benchmark KSE 100-index rose 0.96 per cent or 303.61 points to close at a record high of 32,006.40 points.
The market hit a high of 32,021.99 points during trading, but came back to settle at 32,006 points, with a total of 312,061,880 shares traded.
The rally came as the central bank cut its main policy rate by 50 basis points, with investors expecting interest rates to fall further.
