KARACHI: Trading on the Pakistan Stock Exchange started on a positive note on Friday, as a result of which the 100 index increased by 138 points to reach 118,908 points. During the trading day, the confidence of investors increased, and the index reached the highest level of 119,405 points, but after a while there was little volatility.
According to market experts, the interest of investors remained intact, and the buying trend increased, the main reasons for which include signs of improvement in the economy, stable policies, and hopes of increased foreign investment. Yesterday, the index closed at 118,769 points, and with today’s increase, the positive sentiment in the market is looking more stable.
Experts say that if this trend continues, the index can cross the 120,000 mark in the coming days, which will be an important milestone for the market.
