Karachi: The Pakistan Stock Exchange witnessed another strong rally on Thursday, the fourth day of the trading week, and the 100 index rose by 1,205 points due to the positive trend of investors.
This increase took the index to 133,782 points, which is one of the highest levels in recent history. During the day, the index also touched a high of 133,902 points in the market. The index closed at 132,576 points on the previous trading day, significantly lower than today.
According to experts, this rally is a result of the government’s economic discipline, ongoing talks with the IMF, currency stability, and confidence of local and foreign investors. Banking, energy, fertilizer, and technology sectors are showing outstanding performance.
Financial experts say that the increasing trading volume and institutional buying in the market are a sign that investors are gaining confidence in the upcoming monetary policies. If this situation continues, the Pakistan Stock Exchange can gain positive recognition not only in the regional but also in the global markets.
