KARACHI (Dunya News) - The Pakistan Stock Exchange witnessed a strong bullish trend as the KSE-100 Index recovered above the 171,000-point level.
On the first trading day of the business week, the market opened with significant momentum, gaining more than 3,600 points. The benchmark KSE-100 Index climbed to 171,519 points during early trading.
The rally continued throughout the session, with the market recording further gains. By the close of trading, the KSE-100 Index had surged by 3,881 points to settle at 171,725 points.
It is worth noting that the index had closed at 167,844 points at the end of the previous trading week.
Meanwhile, positive momentum was also seen across Asian stock markets.
According to a news agency report, Japan’s Nikkei Index rose by more than 3 percent, while Indonesia’s Jakarta Composite Index gained over 1 percent. Hong Kong’s Hang Seng Index advanced by 0.86 percent.
China’s Shanghai Composite Index increased by 0.57 percent, while South Korea’s Kospi Index also recorded a gain of 0.44 percent.
In the interbank market, the US dollar declined by two paisas, falling from Rs278.52 to Rs278.50.