Karachi: The last day of the trading week at the Pakistan Stock Exchange (PSX) saw a mixed start, however, the market recorded a strong rally in the second session due to increased investor confidence.
At the end of the trading, the 100 index closed at 119,691 with a significant increase of 719 points, which is considered a strong closing level for the current week. During the trading, the index also touched a high of 119,913 at one point, while the lowest level was 118,771.
More than 580 million shares were traded in the market, the total value of which exceeded Rs 22 billion.
It should be noted that the 100 index closed at 118,971 at the end of the trading day (Thursday). According to market experts, positive statements at the government level and expectations of foreign investment supported the stock market.
