The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 turned bullish, gaining 1,202 points, a positive change of 0.87 percent, closing at 139,419 points against 138,217 points last trading day.
In a note, brokerage house Topline Securities said the rally was fueled by positive investor sentiment and renewed market confidence, as the index moved upward ahead of the anticipated announcement of strong corporate results.
This wave of optimism helped paint a bullish picture across the board, setting the tone for a potentially upbeat week ahead, it added.
A total of 629,032,405 shares were traded during the day as compared to 608,186,190 shares the previous trading day, whereas the price of shares stood at Rs. 34.675 billion against Rs. 23.523 billion on the last trading day.
As many as 478 companies transacted their shares in the stock market, 268 of them recorded gains and 178 sustained losses, whereas the share price of 32 companies remained unchanged.
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