Karachi Stocks Cross 10,000 Points

The Pakistani stock market broke the 10,000 barrier on Monday for the first time, cementing a 60 per cent gain in the KSE-100 index since the start of the year. The index closed at 9,998.05, up 4.1 per cent on the day, taking the increase for the month to 21 per cent. Its intraday peak was 10,000.31. This makes Pakistan the world’s best-performing stock market this year. The performance has been supported by economic recovery, privatisation success and plans for further sales of government assets.