KARACHI: The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend during the outgoing week, driven largely by improved investor sentiment following the ceasefire, with the benchmark KSE-100 Index posting an impressive 11% gain.
According to the weekly report, the KSE-100 Index surged by 16,792 points over the week, closing at 167,191 points compared to 150,398 points at the start of the trading period.
Market momentum remained robust throughout the week, with the index reclaiming 17 psychological levels. The benchmark index touched a weekly high of 168,290 points, while the lowest level recorded during the week stood at 147,771 points.
Trading activity also showed significant growth, as a total of 3.3 billion shares were traded during the week, with a cumulative value of Rs203.6 billion.
Meanwhile, market capitalization increased substantially by Rs1,748 billion, reaching Rs18,473 billion by the end of the week, reflecting renewed investor confidence and strong buying activity across key sectors.
