Karachi: The Pakistan Stock Exchange (PSX) kept its three-day momentum going yesterday by surpassing Rs. 14 trillion in total market value for the first time since January 31. The benchmark PSX-100 Index reached 113,739 points as investors pushed prices 396 points higher during market trading.
The PSX-100 Index demonstrated daily price movements between 114,202 and 108,526 points during open market trades. Trading activity maintained strength as 78.74 million shares changed hands, totalling Rs. 33 billion in value. Market capitalisation experienced a notable increase as it expanded by Rs. 47 billion, resulting in a final value of Rs. 14.028 trillion.
Increasing investor optimism along with positive economic signals has led to this extended period of market growth. Market experts predict that existing market dynamics will drive additional stability and expansion during the upcoming period.
