The Pakistan Stock Market continued its bullish trend and the 100 index rose by 463 points on Thursday.
At the end of the day, the index closed at 152,665 points, which is a clear evidence of the restoration of investor confidence. During the trading session, the market also achieved a new high of 153,411 points, however, there was a slight decline in the closing moments.
More than 95.3 million shares were bought and sold in the market today, the total value of which exceeded Rs 46 billion. These figures show increased activity in the market compared to the previous day. It should be remembered that the 100 index closed at 152,201 points yesterday.
According to financial experts, the recent bullishness in the market is an indication that investors are showing positive confidence in the economy despite short-term concerns.
Analysts say that if political stability and continuity in economic policies are maintained in the country, the index can see further growth.
However, global economic conditions and government debt pressures still remain a major challenge for the market.
