Karachi: The stock market showed a positive trend on the important day of the trading week at the Pakistan Stock Exchange and the 100 index recorded a significant increase of 447 points. After this increase, the 100 index closed at 138,412 points.
The index touched a high of 139,018 points during trading, while it also reached a low of 137,658 during the day.
Today, 420 million shares were traded in the stock market, worth Rs 24 billion, a sign of investor interest and confidence.
It should be remembered that yesterday’s trading started on a positive note, but the market ended in a bearish tone, due to which the 100 index closed at 137,964 points.
According to experts, today’s rally is the result of government economic policies, a possible decline in petroleum prices, and positive global signals, which may increase investor confidence in the coming days.