The 100 index saw a stunning rise of 673 points on Friday, after which the index closed at a new high of 1,34,455 points.
The stock market opened with a gain of 454 points on Friday, the last day of the trading week. The KSE-100 Index continued to improve and at the end of the day, after a total increase of 673 points, touched a level of 134,455 points, which is a new record in the history of the Pakistan Stock Market.
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According to economists, investor confidence is recovering, while the country s economic indicators are improving. Foreign investment in the market, political stability, and a clear improvement in the direction of monetary policies have further strengthened the positive trend.
Along with this, there is also good news from the currency market. The US dollar fell by 10 paise in the interbank market, after which the dollar fell from Rs284.56 to Rs284.46.
It should be noted that these positive economic indicators indicate that the country s economy is on the path to recovery, and investors confidence in the country s financial system is increasing.
If this trend continues, the stock market could reach further heights.