Stock Exchange Gains Momentum, Index Rebounds Above 79,000 Points

Karachi: Pakistan Stock Exchange is witnessing a bullish trend with the index rebounding above the psychological level of 79,000 points. On the first day of the trading week, PSX continues to show upward momentum, restoring investor confidence following last week’s prolonged bearish spell after the clouds of uncertainty cleared. Monday’s trading session saw a brisk start with the index climbing up to 79,048 points.
During the trading session, the benchmark 100-index revived at the psychological level of 79,000 points, trading at 79,048 points. It is notable that the previous week concluded on a note of severe downturn in the stock exchange, dipping below the psychological threshold of 79,000 points.