Business & Economy

Positive business day at PSX; investors gain Rs 99 billion

FILE PHOTO

KARACHI: Today was full of bullish trends on the Pakistan Stock Exchange, where investors received a total benefit of Rs 99 billion. The benchmark 100 index recorded a significant gain of 881 points, after which the index closed at 116,901 points.

During the trading day, the 100 index experienced volatility in the range of 1,399 points, while the highest level was recorded at 117,216 points. According to experts, this positive trend in the market has been seen due to recent economic measures, budgetary expectations, and improvement in global markets.

408 million shares were traded in the stock market today, worth Rs 32.12 billion, which is a significant increase compared to previous weeks. It assesses the market activity and interest of investors.

During this time, the market capitalization also saw an increase of 99 billion rupees, after which the total value reached 14,292 billion rupees. Stock experts say that if this boom continues, not only internal but also external investment is expected to increase.

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