KARACHI: The Pakistan Stock Exchange (PSX) witnessed a strong upward trend during the past week, with the KSE-100 Index climbing 2,779 points over the five-day trading period. The index closed at 169,864 points, up from 167,085 points at the start of the week.
During the week, the market saw two days of decline and three days of gains, reaching a record high of 170,697 points, while the weekly low stood at 167,386 points. Market capitalization increased by PKR 28.2 billion, taking the total to PKR 19,321 billion.
Investors showed renewed confidence following the International Monetary Fund (IMF) installment approval, with 48.38% of shares recording price gains across the board.
Analysts noted that the market’s psychological thresholds were restored, contributing to the bullish momentum.
The week highlighted a recovery in investor sentiment and optimism over economic stability, reflecting positively on both the KSE-100 Index and overall market performance.
