KARACHI: At the beginning of the business week, a strong positive trend was seen in the Pakistan Stock Exchange, where the 100 index reached the level of 116,039 points with a significant increase of 1,186 points. Improved investor confidence and recovering market activity pushed the market upwards.
During the day, the index also touched a high of 116,177 points at one point, reflecting the ongoing positive sentiment in the market. This is a marked improvement over the previous week’s closing level of 114,853 points.
Experts say that positive signals on the financial and economic front, stable economic policies, and hope for potential foreign investment have given confidence to the market. It is expected that if the current momentum is maintained, the index may even touch new highs.
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