Pakistan Stock Exchange (PSX) continued its optimistic trends on Tuesday as benchmark KSE-100 Index was hovering at 119,217 points after gaining more than 800 points.
Later, the trade closed at 118,430 points as against 118,383 on Monday. Shares worth over Rs 30 billion were traded in the stock market. Over Rs 740 million worth of shares bought and sold.
With Federal Finance Minister Aurangzeb’s assurance to International Monetary Fund (IMF) Managing Director Kristalina Georgieva to continue the IMF-guided reform agenda during the opening day of the World Bank Spring Meetings 2025, the market got a real shot in the arm.
On Monday, the PSX saw bulls continue their rally at the start of the week as it gained over 1,200 points during intra-day trading. The benchmark KSE-100 touched 118,587 points after robust trading in the early hours.
Later, the trade somewhat slowed down and closed at 118,383 with a gain of 1,067 points against 117,315 of Friday last. The KSE-100 index was closed at 117,315 with a gain of 414 points on Friday - the last business day of the week.
Bullish trend persisted in the PSX in the past week. The key index rose to 117,013 points during early hours of trading on Thursday. Later, it closed at 116,901 – a gain of 801 points.