Karachi: The Pakistan Stock Exchange completed the trading session today with a strong momentum, in which all major indices were in the positive zone. Overall, investors expressed confidence in the market, the impact of which was clearly visible in the index numbers.
The KSE-100 index rose 0.79% to 166,677.69 points. The KSE-30 index also rose by the same percentage and closed at 52,361.95 points. The All Share Index rose 0.65% to cross the 100,309.12-point mark.
Market experts say that investors are currently somewhat satisfied with the economic direction. Government announcements, financial stability efforts, and the recent appreciation of the rupee have made the overall environment positive.
According to analysts, if a clear strategy regarding the fiscal deficit is revealed at the government level in the coming weeks, the PSX can take a stronger position.
Buying was prominent in banking, energy, cement and technology stocks, while the pharma and textile sectors remained under some pressure.
