PSX witnesses surge of 312 points

KARACHI The Pakistan Stock Exchange (PSX) witnessed a notable surge of 312 points on the fourth day of the trading week on Thursday, as investors cheered the positive economic indicators and the easing of political tensions.

The benchmark KSE-100 index closed at 46,202 points, up 0.68% from the previous session. The index has gained 9.77% since the start of the year, making it one of the best performing markets in the region.

The market was buoyed by the strong performance of the banking, cement, oil and gas, and power sectors, which collectively contributed 249 points to the index. The volume of shares traded increased by 11% to 418 million, while the value of shares traded rose by 9% to 15.4 billion rupees ($91 million)..

Web Desk