The Pakistan Stock Exchange (PSX) closed the week on a strong note as the market surged sharply on Friday. The benchmark KSE-100 index gained 888 points, ending the day at 147,417. This rally helped the index reclaim the 147,000-point mark, which had been lost earlier.
Market experts say the upward trend was driven by improved investor sentiment. Confidence returned after signs of economic stability and ongoing discussions with global financial institutions. These factors played a key role in encouraging buying across major sectors.
The PSX saw active participation from both local and foreign investors. Sectors such as banking, energy, cement, and technology were among the top performers. Analysts noted that blue-chip stocks attracted strong interest, leading to a positive impact on the overall market direction.
According to analysts, the recent clarity on economic policies and government efforts to maintain fiscal discipline have helped ease investor concerns. This improved outlook has been reflected in the recent performance of the PSX.
The KSE-100 index remained in the green throughout the session. Positive cues and strong corporate earnings also played a part in supporting the rally. Traders noted increased volumes and a healthy rise in share prices across several key companies.
This surge in the PSX comes after a period of market fluctuation due to political and economic uncertainty. However, the recent momentum suggests growing optimism about future market conditions.
Investors will now be watching closely for any updates on the economic front that could further influence market trends in the coming weeks.
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