KARACHI: The Pakistan Stock Exchange (PSX) witnessed a positive start to trading on Wednesday, with the benchmark KSE-100 Index gaining strong momentum in early hours.
According to market data, the KSE-100 Index surged by 698 points, reaching the level of 188,901 points. The index had closed at 188,202 points in the previous trading session, reflecting growing investor confidence.
Market analysts attribute the upward trend to renewed buying interest and improved sentiment amid expectations of economic stability.
Meanwhile, the US dollar remained stable in the interbank market. The greenback continued to trade at Rs 279.82, showing no significant fluctuation against the Pakistani rupee.
The stability in the foreign exchange market, coupled with gains in equities, is being seen as a positive sign for the country’s financial outlook.
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