Karachi: The Pakistan Stock Exchange witnessed an extraordinary rally on the third day of the trading week, thanks to investor confidence and improvement in economic indicators, as a result of which the 100 Index crossed the 145,000 mark for the first time.
At the end of the trading session, the 100 Index recorded a remarkable increase of 2051 points, and the index closed at a new high of 145,088 points. During the trading session, the index also touched a high of 145,187.
780 million shares were traded in the stock market today, with a total value of Rs 52 billion, reflecting the increasing activity in the market.
It should be noted that the 100 Index closed at 143,037 points yesterday.
According to analysts, improving economic indicators, stability in foreign exchange reserves and confidence in the government’s economic policies have fueled the positive trend in the market.
