PSX Weekly report: KSE 100 Index gains 1018 points
During the last business week, the KSE 100 Index gained 1,018 points. According to the details, the 100 Index rose 2.3 per cent to close at 44434.
During the week, Rs113 billion worth of share were traded and 2.64 billion shares were traded.
During the week, the market capitalization increased by Rs 183 billion to Rs 8132 billion.
Earlier, the Pakistan Stock Exchange (PSX) witnessed bullish trend on the first day of the new year, the 100 indexes reached a two-and-a-half-year high.
According to the details, on the first day of the new year in the Pakistan Stock Exchange, investors invested in the market and bought and sold generously, which led to a surge.
As soon as the market opened in the morning on the trading board, it continued to rise till the end of the market.
According to a statement issued by PSX, the start of the new year saw a historic rally in the stock market and the 100 indexes reached a two-and-a-half-year high.
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