BusinessPakistan Stock Exchange

A new wave of bullishness in the PSX-100 index rises by 823 points

Karachi: The Pakistan Stock Exchange (PSX) continued its bullish streak on Thursday, with the PSX-100 Index rising 823 points to 145,911.59 points.

The market touched an intraday high of 146,053.43 in the trading session, while the minimum level was recorded at 145,250.17. The total trading volume was 171.85 million shares, while the value reached Rs 20.41 billion.

According to experts, investors are gaining confidence in the government’s economic policies, which is helping to stabilize the market. In particular, the IMF agreement and expectations of foreign investment are boosting positive activities in the PSX.

The market also witnessed a historic rise on Wednesday, when the PSX-100 index crossed the 145,000-point mark for the first time, which is being considered a major achievement for the stock market.

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