Business

Pakistan Stock Exchange creates new record; 100 index crosses 131,000 points

Karachi: The Pakistan Stock Exchange continued its bullish streak on the fourth day of the trading week, with the 100 index crossing the 131,000 point mark for the first time during trading.
The index saw a significant increase of 899 points at the start of trading, after which the index reached 131,243 points.
Volatility continued during trading, with the index reaching a high of 131,325 during the day while the low was 129,776.
At the end of trading, the 100 index closed at 130,686, up 342 points.
According to analysts, the main reason for the recent bullish streak is investor confidence, profitable company reports, and stability in government economic policies.

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