The Pakistan Stock Exchange (PSX) experienced a notable surge in its benchmark KSE-100 index, reflecting positive market sentiment and investor confidence.
In recent trading sessions, the KSE-100 index showed significant gains across multiple reports. The index increased by 323 points, reaching a trading level of 75,253 points.
Earlier, it saw a rise of 111 points, trading at 75,060 points. Trading started on Friday with the index surging by 264 points, settling at 75,194 points.
Also Read: PSX fluctuates, as KSE-100 index retreats after crossing 75,000 mark
On Thursday, the PSX witnessed a remarkable boom today as the KSE-100 index soared, crossing the coveted 75,000 mark again.
An impressive increase of 339 points propelled the index to trade at 75,003 points, signifying a significant uptick in investor confidence and market sentiment.
However, that boom did not last too long as the index witnessed a slump of 138 points and traded at 74,525 points.
This surge comes amidst a flurry of positive developments in the economic landscape, reflecting growing optimism among investors. The bullish trend underscores the resilience of the Pakistani stock market, despite ongoing challenges and uncertainties.
Trading on Thursday started with the KSE-100 index seeing a bullish trend, as it gained 303 points to trade at 74,967.