The Pakistan Stock Exchange (PSX) witnessed a positive trend after volatile trading on Wednesday. Investors continued to buy cautiously but confidently in the market.
According to details, the 100 index increased by 443 points during trading, after which the index reached the level of 166,617 points. During the day, the index touched a high of 166,947 and a low of 165,241.
At the end of yesterday’s day, the 100 index closed at 166,173 points.
According to economists, the main reason for the recent improvement in the stock market is the increase in investor confidence and expectations of a possible reduction in interest rates. They say that the government’s continuity in economic policies and stability in the financial sector are driving investors back towards the market.
Experts further say that if crude oil prices remain under control in the global market and domestic inflation continues to decline, a more positive trend may be seen in the stock market.
