Karachi: Great news for investors — Pakistan Stock Exchange (PSX) started the week with a spirited rally, showing signs of renewed confidence in the market.
After some volatility early in the day, the PSX-100 Index climbed 2,436 points, closing strong at 166,242 points. At one stage, the index touched 166,421 points, its highest level of the session.
Trading activity remained solid, with 1.47 billion shares traded and total turnover reaching Rs51.87 billion – a clear sign of growing optimism among investors.
The PSX closed last Friday at 163,806 points, so Monday’s rise marked a significant turnaround for the market. Experts believe the recovery is linked to improving economic confidence, improved corporate performance, and a positive investor outlook for the coming weeks.
With such a strong start, market watchers are hopeful that the bullish momentum can continue throughout the week.
