Karachi:The Pakistani stock market witnessed a surprising surge in business activity on Monday. The benchmark 100 Index rose by 1,353 points and the index closed at 149,971 points at the end of the day.
The highest level of the index during the trading session was 150,066 points, while the lowest level was recorded at 148,500 points. The volume of buying and selling shares was more than one billion 18 crores, with a total value of more than 48 billion rupees.
It should be noted that at the end of last week, the index closed at 148,617 points, however, an increase in investor interest and buying was seen at the beginning of the new week.
Business circles say that this positive trend in the market is an indication that investors are seeing government policies as stable in the near future. Although the market has expressed confidence by approaching 150,000 points, some experts are warning that global economic pressure and local uncertainties can change the situation at any time.
