Weekly report: Pakistan Stock Exchange sees major gains

The Pakistan Stock Exchange has released its weekly report, indicating a remarkable increase of 2,239 points in the 100 Index over the past week. This growth translates to a rise of 2.76%, with the 100 Index closing at a new record high of 83,531.

During this week, trading volume reached 1.72 billion shares, valued at approximately 83.5 billion Pakistani Rupees. This substantial activity reflects strong investor interest and confidence in the market.

Additionally, the market capitalization witnessed a significant boost, increasing by 226 billion Rupees. The total market capitalization rose from 10,653 billion Rupees to 10,879 billion Rupees, showcasing the overall health and upward trajectory of the stock market.

This positive trend is indicative of improving economic conditions and investor sentiment in Pakistan, providing a hopeful outlook for future market performance.

Also Read

Pakistan’s sports goods exports rise by 4.27% in two months

The export of sports goods from Pakistan grew by 4.27% during the...