Pakistan Stock Exchange continues to rally for three weeks; the 100 index closes at 134,299 points

Karachi: The bullish trend at the Pakistan Stock Exchange (PSX) continued for the third week. The benchmark 100 index recorded a significant increase of 2,350 points at the end of the trading week, after which the index closed at a high of 134,299 points.

Throughout the week, the index remained in the band of 2,605 points, where its lowest level was 132,326 and highest level was 134,931 points.

Activity in the stock market was also significant. A total of 4.73 billion shares were traded during the week, worth Rs 194 billion, which is a reflection of the growing confidence of investors in the market.

According to market experts, the market is moving towards continuous improvement due to stability in the economy, reduction in political temperature, and the IMF agreement.