Business

PSX 100 index closed at 118,575, up 1,278 points

KARACHI: Investors turned positive on the second day of the business week at the Pakistan Stock Exchange, resulting in a significant rise of 1,278 points in the 100 index.

Trading started with a 2.3 percent increase in the early hours, after which the index saw continuous improvement. During the day, the market index also reached the level of 120,067 points, but at the end of the day, it closed at 118,575 points.

On April 4, the index had hit an all-time high of 120,796 points. Today’s rally is being seen by investors as a sign of restoration of confidence in the market.

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