PSX surges 1,700 points amid market optimism

The Pakistan Stock Exchange (PSX) continued its bullish streak for a second consecutive day, fueled by strong investor confidence.

The KSE-100 index gained 1,755.67 points, or 0.95%, to close at 186,813.50, up from 185,057.83 in the previous session. The day before, the index had risen 883.35 points, a 0.48% increase, closing at 185,057.83 compared to 184,174.49, PSX data showed.

During the session, the ready market recorded a trading volume of 740.092 million shares with a traded value of Rs 42.204 billion, against 805.139 million shares valuing Rs 50.834 billion in the previous session. Market capitalization increased to Rs 20.969 trillion from Rs 20.827 trillion a day earlier.

Out of 487 active companies in the ready market, 214 advanced, 222 declined, while 51 remained unchanged.
 

 
Source: Dunya News 
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