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Positive activity on the Pakistan Stock Exchange in the middle of the business week significantly boosted investor confidence. The bullish trend prevailed in the market today, and the KSE-100 index gained 1,304 points to close at 166,677.69 points, showing an improvement of 0.79%.
Similarly, the KSE-30 index also benefited from the increasing interest of investors and reached 52,361.95 after an increase of 409.77 points. The All Share Index also recorded a gain of 649 points and closed at 100,309.12 points, maintaining positive business.
According to market analysts, the main reason for the recent improvement is the slight stability in the value of the rupee, easing in international crude oil prices and increasing confidence in the government’s economic policies.
According to them, if the political environment is not overshadowed by chaos in the next few days, the market may move towards further improvement.
Due to the significant improvement in business activities, the volume of investment has also increased, especially in the banking, technology and energy sectors.
