BusinessPakistan Stock Exchange

Fruits of government measures, stock market at new heights; 100 index records a historic increase of 1,704 points

Karachi: The Pakistan Stock Exchange started the trading week with an unprecedented momentum, which experts have termed as the result of the government’s economic strategy and stable monetary policy. The market witnessed significant activity on Monday and the 100 index closed at 148,196 points with a huge increase of 1,704 points.

The index also reached a historic high of 148,395 points at one point during the trading session.

It may be recalled that on Friday last week, the 100 index closed at 146,491 points due to a downturn.

Analysts say that the improvement in key indicators of the country’s economy and positive expectations regarding the budget have attracted investors back to the market, as a result of which the trading volume and the index are seeing a continuous increase.

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