Karachi: The business week at the Pakistan Stock Exchange proved to be extremely positive for investors, with the benchmark KSE-100 index closing at 166,677 points after a significant increase of 4574 points. This week saw a remarkable increase in investor interest, which further strengthened trading activity in the market.
The market traded in a wide band of 6440 points in a day, which is a sign of significantly more activity than in the past few weeks. This is the same trend that economic analysts are interpreting as fresh investment trends and a restoration of confidence.
During the week, the index also touched a high of 167,005 points, which shows that local investors are looking more confident about the economic direction.
In terms of trading, a total of 2.8 billion shares were bought and sold, worth Rs 149 billion. At the same time, an increase of Rs 353 billion was recorded in the total value of the market, i.e. market capitalization, after which this amount reached Rs 18,866 billion.
