KARACHI — The Pakistan Stock Exchange (PSX) began the trading week on a good note, with the benchmark 100 Index rising by 924 points to 118,511.
During early trade, the index reached a high of 118,735 points, indicating significant investor confidence. This is a considerable comeback from the previous week’s closing, when the index closed at 117,586 points.
Market observers explain this upward trend as being due to improving market mood, which is fueled by optimism about recent economic initiatives and predictions of stability in important industries. The positive start has sparked expectations for more improvement in the coming days.