KARACHI – After a brief bearish spell, the Pakistan Stock Exchange (PSX) rebounded, with the KSE-100 Index surpassing the significant 95,000-point mark on Thursday.
The trading session began with a positive momentum, as the KSE-100 Index gained 244 points, reaching 95,791 points in early trading.
The recovery comes after a sharp decline on Wednesday, following a record-breaking session earlier in the day.
The bearish trend had wiped out billions of rupees in investor capital, causing concerns among the market participants. However, optimism returned on the fourth trading day of the week, with a steady upward trend dominating the market.
As of the latest updates, the KSE-100 Index recorded an increase of 184 points, trading at 95,730 points. Analysts attribute this positive performance to renewed investor confidence and favorable market conditions.
The market observers remain hopeful that the bullish trend would continue and would boost the overall market sentiment.
