KARACHI – The Pakistan Stock Exchange (PSX) continued its upbeat momentum on Friday, with the benchmark KSE-100 Index surging past the 161,000-point mark as investors kept the market on a roll.
At the start of the last trading day of the week, the market got off to a flying start, rising by more than 700 points and pushing the index to 161,418 points.
By the time the closing bell rang, the bullish trend had gathered even more pace, helping the KSE-100 Index climb 1,277 points to settle at 161,935 points.
A day earlier, the index had also wrapped up on a high, gaining 2,473 points to close at 160,657 points.
Trading activity remained strong, with 23.97 crore shares changing hands, worth Rs23.85 billion.
Market analysts say confidence is improving, and investors are continuing to jump in, keeping the positive trend alive.