KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bullish trend throughout the week, with investors showing renewed confidence amid positive economic indicators and encouraging sectoral news.
During the five-day trading week, the benchmark KSE-100 Index rose by 2,342 points, closing at 161,935 points from 159,592 points at the start of the week. The index reached a weekly high of 162,118 points and a low of 157,203 points, recovering two key psychological levels during the period.
Market activity included four days of gains and one day of decline, reflecting steady investor optimism. The market capitalization increased by Rs 146 billion, bringing the total to Rs 18,433 billion.
Approximately 46.7% of listed shares recorded price increases over the week. Out of 2,152 listed companies, 1,120 saw share prices rise, while 1,032 experienced declines.
Analysts attributed the positive momentum to strong economic indicators and favorable news from multiple sectors, which encouraged investors to actively participate in the market.