Bullish trend continues in the stock exchange, 1,878-point increase in the Hundred Index

On the third day of the business week, Wednesday, a significant increase was witnessed in the Pakistan Stock Exchange (PSX) as the KSE-100 Index recorded a remarkable increase of 1,878 points.

This upward trend allowed the index to cross two major psychological thresholds, closing at 179,571 points, marking a splendid increase from the previous trading day’s 177,692 points.

Overall, stocks of 564 companies were exchanged, out of which the share prices of 289 companies increased. In contrast, the share prices of 167 companies decreased, while the prices of the remaining companies remained stable.

The positive environment in the market was mostly due to the buying trend of investors, resulting in substantial advances in key sectors and the overall strong performance of the index.