The Pakistan Stock Exchange (PSX) continued with a bullish session on the back of the relief and industrial packages announced on Monday and Tuesday, and the benchmark KSE-100 Index gained 342.57 points (+0.77 percent) to close at 44,803.58 points.
The PSX opened on a positive note, hitting the 45,000 points mark at the opening, and remained in the green territory throughout the session. The international crude oil prices remained upward due to the Russia-Ukraine conflict, which trimmed the gains.
Besides relief packages, the investors’ confidence was further supported by February inflation numbers, clocking in at 12.24 percent on a year-on-year basis compared to 8.70 percent in February 2021 and 12.96 percent in January 2022.-TLTP
