PSX closes above 172,000 after crossing 170,000

The KSE-100 settled at 172,013.48 on Wednesday, up 3,994.62 points or 2.38%, after crossing 170,000 early and hitting an intraday high of 172,286.99.

The KSE-100 closed at 172,013.48 on Wednesday, up 3,994.62 points or 2.38%.

The index crossed 170,000 early and reached an intraday high of 172,286.99.

Ready-market volume rose to about 842 million shares from roughly 517 million a day earlier.

Investors weighed the US midterm election outcome and developments in the Iran war.

Buying spanned automobiles, cement, banks, fertilisers, oil and gas, power and refineries.

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