Pakistan Stock Market sees strong rally; 100 index rises 816 points to 134,599 points

FILE PHOTO

Karachi: The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend today as well during the trading week. The PSX-100 index recorded a significant increase of 816 points during trading, after which the index reached the level of 134,599 points.

According to market sources, during today’s trading, the index also touched a high of 134,931 points at one point, which reflects the growing confidence of investors.

Yesterday, the stock market closed at 133,782 points, while today’s significant increase has created new hopes in the investment sector.

Analysts say that this positive trend in the market could be the result of government economic measures, implementation of the IMF program, and possible revival of foreign investment.

Share this News

Leave a Reply

Your email address will not be published. Required fields are marked *