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Stock Market Surges, 100-Index Reaches 159,000; Dollar Down

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KARACHI: The Pakistan stock market witnessed a strong rally on the fourth day of the trading week, with the 100-Index recovering to 159,000 points.

The market opened with a significant surge, adding over 3,000 points, after closing at 155,777 points on the previous trading day—a decline of 1,354 points.

In the interbank market, the value of the US dollar fell slightly by 2 paisas, dropping from Rs. 279.42 to Rs. 279.40.

Asian markets also showed positive momentum today. South Korea’s KOSPI index led with a 10.4% gain, Japan’s Nikkei rose by 2.9%, China’s CSI 300 increased nearly 1%, Hong Kong’s Hang Seng added about 1%, and Thailand’s SET index recorded an approximate 2% rise.

The bullish trend reflects growing investor confidence in regional markets and signals a positive start for the trading week in Pakistan.

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