The Pakistan Stock Exchange continues to rally with the start of the new year, with the market completing another strong session on Friday due to strong investor interest. Buying was prominent during trading, which gave a positive overall market sentiment.
According to data, the KSE-100 index rose by 2,148 points in the first session itself and closed at 178,504 points. This marked an improvement of more than one point two percent in the value of the index.
The market also witnessed a significant rally yesterday, which further strengthened investor confidence. According to market sources, there is an increase in institutional investment along with local investors.
Experts say that the recent rally is not just short-term but is an indication of a return of confidence in the market. According to them, if the trend of global markets remains favourable and the country’s economic policies remain stable, this series of bullish moves in the Pakistan Stock Exchange may continue in the coming weeks.
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