Islamabad: The Pakistan Stock Exchange (PSX) saw a positive trend on Wednesday, the third day of the trading week, as a result of which the benchmark PSX 100 Index recorded a gain of 291 points. At the end of the trading day, the 100 index closed at 158,236 points.
The market fluctuated during the day, however, the index also touched a high of 159,046 points at one point. Yesterday, Tuesday, the 100 index closed at 157,945 points.
According to experts, investor confidence is recovering, the main reasons for which include government economic measures and stability in crude oil prices in global markets. The pace of buying and selling of shares in the energy and banking sectors was significant, which played a significant role in pushing the market up.
Investors expect this positive trend to continue in the coming days, especially when signs of further improvement in the performance of the corporate sector are seen.
