psx soars kse100
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PSX soars as KSE-100 Index jumps over 5,000 points…

ByJustpaste.in

KARACHI: The Pakistan Stock Exchange (PSX) wrapped up the trading week on a bullish note, with investors driving the benchmark KSE-100 Index sharply higher amid sustained buying interest and renewed market optimism.

According to the PSX’s weekly market update, the KSE-100 Index gained 5,072 points during the week, closing at 176,094 points. The strong performance reflected growing investor confidence as the market continued its upward momentum.

Throughout the week, the benchmark index traded within a 4,510-point range, touching a weekly high of 179,123 points while falling to a low of 174,612 points. Analysts said the wide trading range highlighted active investor participation and healthy market activity.

The rally capped off a positive week in which the stock market maintained strong momentum. On the final trading day of July, the KSE-100 Index had already climbed 546 points, setting the stage for an impressive weekly finish.

Trading activity also remained robust. During the five trading sessions, investors exchanged approximately 4.15 billion shares, with the total value of transactions reaching Rs158 billion, indicating strong liquidity and continued interest from market participants.

Meanwhile, the market’s overall capitalization increased by Rs477 billion over the week, reaching Rs19.755 trillion. The significant rise in market value underscores improving sentiment among investors despite ongoing economic challenges.

Market experts say the latest gains reflect confidence in Pakistan’s financial markets, supported by sustained institutional buying and expectations of improving macroeconomic conditions. However, they caution that investors will continue to monitor economic indicators, corporate earnings and policy developments that could influence market direction in the coming weeks.

The latest weekly performance reinforces the Pakistan Stock Exchange’s position as one of the region’s best-performing markets this year, with investors hoping the bullish trend will continue if economic stability and positive business sentiment remain intact.

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