Business

Investor confidence restored, Pakistan Stock Exchange crosses 137,000 mark

Karachi: Investor confidence has improved significantly in the Pakistan Stock Exchange, which was demonstrated by an extraordinary increase in the 100 index for the second consecutive day. Continuity in economic policies, signs of financial stability, and government assurances have pushed the market in a positive direction.

During trading on Tuesday, the 100 index closed at 137,678 points with a significant increase of 1,176 points. The index also touched a high of 137,727 points during the day.

According to analysts, the main reason for the market rally is the confidence generated by investors after the federal budget, which reflects expectations of economic stability as well as increased profits in the corporate sector.

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