Karachi: The second day of the business week at the Pakistan Stock Exchange (PSX) on Tuesday brought good news for investors, where the 100 index saw a huge rally of 1,202 points and the index once again crossed the psychological threshold of 139,000 points.
At the close of business, the 100 index closed at 139,419 points, while the index also reached a high of 139,901 during the day’s trading, which is a clear indication of the restored confidence of investors.
620 million shares were traded today, worth more than Rs 34 billion. This shows a clear improvement compared to the previous day, when the index closed at 138,217.
According to experts, the reason for the current bullishness is political stability, improving financial indicators, and expectations of upcoming budget and reform measures. It is expected that this investment trend will continue.
