PSX Continues Rally, Hits New High Above 131,000 Points
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8 Articles
PSX continues rally, hits new high above 131,000 points
The Pakistan Stock Exchange (PSX) closed on a bullish note Friday, with the benchmark KSE-100 Index surging by 1,262 points, or 0.97%, to settle at 131,949. The rally marked another strong session, extending the market’s upward streak as investors responded positively to strengthening macroeconomic indicators, including a stable rupee, rising foreign exchange reserves, and signs of easing inflation. Market sentiment was further boosted by strong…
KSE-100 Jumps 1,262 Points as Economic Optimism Fuels Rally - Day News TV
The KSE-100 Index soared by 1,262 points on Friday, closing at 131,949 amid rising investor confidence in Pakistan’s economic outlook. The surge reflects bullish sentiment driven by expectations of easing inflation, a stable rupee, rising foreign reserves, and optimism surrounding the upcoming corporate earnings season. Banking Sector Steers the Rally The rally was led by strong institutional buying in banking stocks. Heavyweights like United Ba…
PSX reaches new high of 131,949 points after gaining 1262 points
Karachi: Pakistan Stock Exchange (PSX) on last day of business week continued to set a record as the benchmark Karachi 100 Index crossed a new high of 132,000. At the end, the market closed at 131,949 after gaining 1262 points. As a whole as many as 472 companies transacted their shares out of which 254 companies shares went up. Yesterday PSX benchmark KSE-100 Index continued with bullish trend on gaining 342.63 points, closing at 130,686.66 poi…
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