A new record was set during trading at the Pakistan Stock Exchange, as the KSE-100 Index crossed the 188,000 mark for the first time. At the close of the trading day, the 100 Index settled at 188,621 points.
During trading, the index touched an intraday high of 188,958 points. Shares worth Rs45 billion, involving 450 million shares, were traded in the market.
Overall, shares of 562 companies were traded, with prices of 240 companies’ shares increasing, while 213 companies saw a decline in share prices.
According to experts, Discovery shares in the oil and gas sector kept investors active throughout the day. Market analysts said strong investor confidence and large scale buying supported the bullish trend in the market.
