Karachi: 100 Index soars 6,235 points, closes at 117,586 in Remarkable Business Week.
In an encouraging week for investors, the Pakistan Stock Exchange (PSX) experienced a notable upswing, with the benchmark 100 Index gaining an impressive 6,235 points, closing the week at 117,586.
The trading week was marked by significant volatility, with the index oscillating within a robust band of 6,451 points. Throughout the week, the 100 Index reached a weekly high of 118,367, while it found support at a low of 111,916.
This upward trajectory reflects growing investor confidence and a favourable market environment, driving optimism among stakeholders. The increase in the index is a positive signal for the broader economy and highlights the resilience of the Pakistani market amidst various challenges.
As we move forward, market participants will be keenly watching for further developments and trends impacting the PSX in the upcoming weeks.