The Pakistan Stock Exchange continued its strong bullish momentum on the fourth trading day of the business week, with the benchmark KSE-100 Index recording a significant increase due to strong investor interest.
At the start of trading, the KSE-100 Index rose by 1.79 percent, gaining nearly 2,950 points and reaching the level of 167,782 points.
Economic experts say the positive market trend is mainly driven by investor confidence, expectations of economic stability, and prospects of improvement in the financial sector.
Meanwhile, the US dollar witnessed a slight decline in the interbank market, where it fell by one paisa to trade at Rs 278.55.
Analysts believe that the bullish stock market trend and stability in the rupee’s value reflect growing investor confidence in the economy.
