Since the start of trading today, shares of 200 companies increased while shares of 44 companies declined.
The previous peak of 30,593 points came on November 5 which analysts credited to falling inflation and commodity prices as well as to easing of political tensions.
Official data has showed that inflation had plunged to a 17-month low, raising investors’ hopes that the central bank might slash the basic interest rate in its next review.
The country’s long-moribund economy has shown some glimmers of revival under Prime Minister Nawaz Sharif’s government.
Ratings agency Moody’s upgraded the country’s outlook to ‘stable’ from ‘negative’ in July, citing its improving external liquidity position and commitment to reforms.
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