Pakistan Stock Exchange reached another major milestone on Tuesday by crossing the 70,000-point mark for the first time in the market’s history.

The market got off to a strong start, gaining 570 points in the opening session.

PSX has never reched 70,000 points or more in ints history.

The development comes a day after the stock market crossed 69,000 points for the first time.

Although not a direct indicator of the economy’s health, strong activity in the stock exchange indicates investor confidence in Pakistan’s markets.