Karachi: The Pakistan Stock Exchange saw a huge improvement today on the second day of the business week, which is clear proof of the restoration of investor confidence. The market’s 100 index closed at 1,204,500 points with an increase of 1,573 points.
During the day, the market also crossed the level of 1,20,693 points at one point, which is considered a new psychological limit. This positive trend of the market has once again mobilized investors on a large scale.
Analysts say that this boom has come about due to factors such as the government’s economic policies, budget-related expectations, and the success of the IMF program.
The boom in the stock market is being described as a positive signal for the economy, which can further strengthen the confidence of local and foreign investors.
