KARACHI, PAKISTAN:
The Pakistan Stock Exchange (PSX) concluded its latest business week with a dominant positive momentum, reflecting growing investor confidence and optimistic expectations regarding the country’s economic stability. The benchmark 100 Index recorded a significant upward trajectory, closing at a multi-week high.
By the close of the trading week, the PSX 100 Index had registered a robust gain of 2,342 points, settling at 161,935 points. This strong performance underscores the renewed enthusiasm and active participation in the equities market.
Key Weekly Performance Metrics: The index demonstrated remarkable activity within a 4,915-point band throughout the week. The weekly highest level recorded was 162,118 points, while the lowest level touched was 157,203 points.
Trading volume also saw exceptional growth. Over the week, transactions involving a total of 3.84 billion shares were executed, valued at Rs 177 billion, indicating deep market engagement. The market capitalization (total value of all traded shares) increased significantly by Rs 146 billion, reaching a new high of Rs 18,433 billion.
This sustained positive sentiment in the market is often interpreted as a sign that investors are responding favorably to economic reforms and policies, despite the long-term structural challenges that the country continues to face.
