Karachi: The Pakistan Stock Exchange witnessed a significant rally at the start of the trading week, with the PSX 100 Index gaining 1,248 points to close at 125,627 points. The index reached a high of 125,748 points at one point during the trading session, a clear improvement over the 124,379 points it closed at at the end of the previous week.
According to market experts, the main reason for this development is positive expectations about the country’s economy and the hopes associated with the upcoming federal budget, which have further strengthened investor confidence. There was an increase in investment in various sectors, which played a key role in maintaining this momentum. Economic analysts say that if the government’s economic policies continue in the same vein, this positive trend in the stock market may further strengthen, which is likely to boost investment and business activities in the country’s economy.