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Pakistan Stock Exchange surges as KSE-100 index gains over 1,000 points

Gravatar Avatar Web Desk | 1 month ago
Pakistan Stock Exchange

The Pakistan Stock Exchange (PSX) continued its bullish momentum for the second consecutive day, with the benchmark KSE-100 index soaring by over 1,000 points on Tuesday.

The index surged to 117,202 points, reflecting strong investor confidence and robust buying activity across multiple sectors.

Key sectors witnessing heavy buying included automobile assemblers, cement, commercial banks, oil and gas exploration, OMCs, power generation, and refineries. Major index-heavy stocks, such as HUBCO, NRL, PRL, PSO, SNGPL, OGDC, POL, PPL, MCB, MEBL, and UBL, traded in positive territory.

It is worth noting that on the previous trading day, the KSE-100 index closed at 116,199 points after registering a gain of 663 points. The continued upward trend highlights growing investor confidence and strong market fundamentals.

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