KARACHI: Investor confidence returned strongly to the Pakistan Stock Exchange today, resulting in a sharp surge across the market. The 100-Index rose by more than 1,400 points, reaching a level of 161,072, up from last week’s close of 159,592 points.
This substantial increase has provided investors with gains worth billions of rupees, reflecting renewed optimism and positive sentiment in the market.
At the same time, the Pakistani rupee showed a slight strengthening against the US dollar. According to the Exchange Companies Association, the interbank rate fell by 2 paisa, bringing the dollar price down to PKR 280.80.
After a period of market fluctuations, today’s surge highlights growing investor confidence and indicates a stable and promising outlook for Pakistan’s stock market in the near future.
