Karachi: The benchmark 100 Index jumped 3.5%, so the Pakistan Stock Exchange (PSX) completed the last trading day of 2024 with great marks. After a little dip in recent days, trade volumes crossed the one billion mark and the market was dominated by a bullish attitude all day.
Closing at 115,422, the PSX 100 Index acquired an amazing 3,506 points. Rising investor confidence and consistent purchasing activity among institutional players drove the optimistic momentum.
Trading 1.5 billion shares overall produced a combined value of more than Rs 40.89 billion. This comeback in activity greatly increased market value, contributing Rs 430 billion and thus increasing the total to Rs 14,558 billion.
As the year comes to an end, market observers think the surge shows increasing hope about the economic situation of the nation. Investors expect this encouraging trend to persist into the new year, therefore indicating a solid beginning to 2025.