Abb Takk News

Bullish Trend at PSX

KARACHI: The bulls returned to the Pakistan Stock Exchange (PSX) on Wednesday and lifted the benchmark KSE-100 index by nearly 250 points.

Investors were observed cherry-picking stocks that had dropped to attractive valuations during the bearish spell at the bourse last week.

Encouraged by the positive cues regarding the revival of the International Monetary Fund (IMF) programme investment was seen across the board at the bourse, which aided the rally.

At close, the benchmark KSE-100 index closed at 43,676.56 points with an increase of 240.08 points or 0.55%.