Karachi: The Pakistan Stock Exchange (PSX) showed strong performance during the past week, with the market setting new record levels.
During the week, the benchmark 100 Index gained 5,375 points. The index closed at 184,409 points, rising from 179,034 points at the start of the week.
The market recovered five key psychological levels in one week. Trading remained positive on three days, while two days saw a decline.
During weekly trading, the 100 Index touched a high of 187,015 points, while the lowest level recorded was 179,535 points.
Market capitalisation increased by Rs 555 billion during the five trading days, reaching Rs 20,768 billion by the end of the week.
Experts said that institutional buying and expectations of a possible cut in the policy rate supported the market rally. They added that major sectors, including banking, energy, cement, and fertiliser, showed strong performance.
According to experts, average daily turnover reached around Rs 85 billion, the highest level seen in nearly two decades.
