Islamabad (Thursday Times) — The strong bullish trend continues in the Pakistan Stock Market as the KSE 100 Index crossed the level of 86,700 points.
Today, the Pakistan Stock Market witnessed remarkable growth, with the KSE 100 Index gaining over 600 points to reach 86,700 points. During trading, the index hit a high of 86,846.03 points and a low of 86,294.69 points. The trading volume significantly increased to 271,716,035 shares, with a total market value of 10,834,574,392 rupees.
The primary reason for this surge is the growing confidence of investors and the stability in the national economy, which has been further strengthened by the recent agreement with the International Monetary Fund (IMF) and an increase in remittances.
The previous day’s closing was at 86,057.51 points, and today’s trading recorded an improvement of 0.73%. The rise in trading volume and improvement in economic indicators have played a crucial role in the stock market’s growth, further boosting investor confidence.