ISLAMABAD (The Thursday Times) — The bullish run on the Pakistan Stock Exchange continues, and the benchmark Hundred Index has crossed the 99,000-point level for the first time in its history.
On the last day of the trading week, the Pakistan Stock Exchange saw a further sharp rise, with the Hundred Index gaining 2,040.36 points to reach 99,600, an increase of 2.1 per cent. The index's intraday high was 99,623.03, while its low was recorded at 97,835.39 points. Around 241,145,262 shares were traded during the day, with a total value of Rs16,213,005,609.
The remarkable rise on the Pakistan Stock Exchange has further strengthened investors' confidence in the country's economy. Experts say the rise is the result of government policies and a commitment to economic stability, which is not only giving the market stability but is also a positive sign for the national economy. Investors' continued interest and growing activity in the market are also reinforcing the prospects of economic recovery.
