PSX records historic week; the 100 index closes at 179,000 with 6,600-point increase
The Pakistan Stock Exchange witnessed a strong rally during the trading week, where the 100 index closed at 179,034 points after a total increase of 6,634 points, reflecting a significant increase in investor confidence.
The index fluctuated within a band of 6,267 points throughout the week. The market recorded a weekly high of 179,467 points while the low of 173,200 points, indicating that the market was unusually active.
According to the data, a total of 5.18 billion shares were traded in a week, worth Rs 244.75 billion. During the same period, the total market capitalization increased by Rs 747 billion, after which it reached Rs 2,212 billion.
According to investment experts, the main reasons for the recent rally include economic stability indicators, policy continuity and institutional investment. They say that if this trend continues, the market may cross more psychological limits in the coming days.
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