Record-breaking activity was witnessed at the Pakistan Stock Exchange as the 100 Index touched a historic high and ended the trading week at 162,257 points. It was a very impressive week for the market, during which the 100 Index was in a wide positive band of 5176 points. Investor enthusiasm pushed the index above the psychological threshold of 162,000, and its weekly high was recorded at 162,422 points, and its low was recorded at 157,245 points.
According to market sources, there was also a huge increase in trading volume and value. Within a week, 8.35 billion shares were traded, worth Rs300 billion. This exceptional performance had a direct impact on the total market capitalisation, which increased by a huge amount of Rs 468 billion to Rs 19,042 billion. Economists say that this surge is indicative of the ongoing financial reforms in the country and national economic stability, which has made the stock market the centre of attention at the global level.
