Karachi: The Pakistan Stock Exchange (PSX) witnessed a positive trend on Tuesday, the second day of trading week, after which volatility continued. However, the 100 index recorded a significant increase at the end of trading.
At the end of trading, the benchmark 100 index rose by 390 points and closed at 157,945. During the day, the 100 index also reached a high of 158,831 points, reflecting the increase in investor confidence.
The market had closed at 157,554 points on Monday. The reason for this positive trend in the market may be the improving indicators regarding the country’s economy and future expectations.
According to analysts, the bullish trend in the market continues due to ongoing investments by local and international investors.
The ongoing boom in the stock market is a good omen for the country’s economy, but investors need to be cautious when making investment decisions.
