This nearly 1% rise is a great sign for investors and shows that people are feeling confident about the economy again. Throughout the day, the index even went as high as 249,253.15, almost hitting a new record.
A total of 212 million shares were traded, showing that there is a lot of activity in the market. The biggest winners of the day were Lucky Cement and OGDC, which helped push the total points up significantly.
While some companies like Hub Power saw a small drop, the overall market stayed very positive. For the current fiscal year, the market has grown by over 34%, making it a very profitable time for those who have invested in Shariah-compliant stocks.
Experts believe that if this trend continues, we could see even higher numbers in the coming week.
