Positive trend in Pakistan Stock Exchange, 100 Index up 291 points
On Wednesday, the third day of the trading week, the Pakistan Stock Exchange (PSX) witnessed an increase in investor confidence, as a result of which the PSX 100 Index rose 291 points to close at 158,236 points.
Despite the volatility in the market throughout the day, the index reached a high of 159,046 points at one point, but it closed slightly lower at the end of trading. Yesterday (Tuesday), the 100 Index closed at 157,945 points.
According to market experts, investor confidence in the government’s economic policies and the stability of crude oil prices in international markets have had a positive impact on the market. Significant investment was seen in the energy and banking sectors, which played a key role in pushing the index up.
Analysts say that the positive trend in the stock market is expected to continue in the coming days due to gradual economic stabilization in the country and improved performance of the corporate sector.
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