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PSX Gains 4,900 Points Market closes week strong at 161,632

Web Desk 6 months ago 0

The Pakistan Stock Exchange (PSX) wrapped up the final trading session of the week on a positive note, as the benchmark KSE-100 index surged by a massive 4,900 points, closing at 161,632 points on Friday.

During the day, the market showed high volatility, with the PSX-100 index gaining as much as 5,461 points at one stage before settling slightly lower by the closing bell.

Trading activity remained vibrant, with 952.8 million shares changing hands in 408,000 transactions, representing a total trading value of Rs42.26 billion.

According to market analysts, the bullish momentum was supported by positive government economic measures, renewed investor confidence, and an overall improvement in business sentiment across sectors.

Experts added that institutional buying and optimism about macroeconomic stability contributed to the strong close, signaling renewed investor interest in the country’s equity market.

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