Karachi: The Pakistan Stock Exchange witnessed a significant boom in the market on Thursday due to investor activity. The 100 Index closed at 152,665 points with an increase of 463 points.
During trading, the index also reached a high of 153,411 points at one point, but after a slight decline in the closing hours, it closed at the final level.
More than 95.3 million shares were bought and sold in the market today, worth more than Rs 46 billion. At the end of the previous day, the 100 Index closed at 152,201 points.
Financial experts say that the recent boom in the stock market indicates that investors are regaining confidence despite short-term concerns.
According to analysts, if political stability and continuity in policies are maintained, the index can touch further heights.
However, global economic conditions and debt pressures still remain challenges for the market.
