KARACHI: The Pakistan Stock Exchange continued to maintain a positive trend during the trading week, as a result of which the benchmark KSE-100 index recorded an increase of more than 4,000 points.
At the end of the week, the KSE-100 index closed at 166,409 points with an increase of 4,034 points, while significant fluctuations were also seen in the index during the trading sessions.
According to statistics, the KSE-100 index was in a band of 6,233 points during the trading week. During this period, the highest level of the index was 167,483 points while the lowest level was 161,250 points.
Investor activity was also prominent in the stock market. A total of 2.99 billion shares were traded during the week, worth Rs 115 billion.
On the other hand, the total investment value of the market also saw an increase. During a week, the market capitalisation increased from Rs 374 billion to Rs 18,388 billion.
The weekly rally in the stock market, as a result of the increase in the total value of investments, indicates an improvement in stock market activity; however, the future business trend will also depend on the country’s economic indicators, investor confidence, and financial situation.
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