KARACHI: A bullish trend returned to Pakistan Stock Exchange (PSX) on Wednesday as the market gained more than 1,000 points in the early morning trading.
The benchmark KSE-100 index gained 1,040.65 points or 1.70% to reach 62,267.57 points during the intraday trading, up from yesterday’s close of 61,226.93 points.
A day earlier, the market PSX’s flagship KSE-100 index plummeted below the crucial 60,000 level in the first 15 minutes after the opening bell amid the ongoing political uncertainty.
The PSX witnessed a vicious two-day sell-off that shoved the benchmark index below 60,000 following the February 8 general elections.
