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Pakistan Khabar

PSX Sees Strong Rally, Index Reaches 171,000 Level

PSX Sees Strong Rally, Index Reaches 171,000 Level

Karachi (Commerce Desk) — A strong positive trend was observed in the Pakistan Stock Market on the fourth trading day of the week, pushing the benchmark index back to the 171,000-point level.

At the start of trading, the market witnessed a sharp rally, with the index gaining over 1,000 points to reach 171,271 points.

On the previous trading day, the market had closed in the red, with the index falling by 831 points to settle at 170,190 points.

According to market experts, the recent upward movement is driven by improved investor confidence and increased buying activity in the market.