Bullish momentum prevailed at the Pakistan Stock Exchange on Tuesday as market partici-pants were optimistic about the improving economic situation, sparking hopes for the re-vival of International Monetary Fund (IMF) loan programme.
The market staged a spectacular rally, adding 504 points to the bench mark KSE-100 index. It extended the bull run for the sixth consecu-tive session and tossed the index above 45,000 points.
Bulls were seen dominating the market throughout the day, as the development re-garding the Finance (Supplementary) Bill 2021 coupled with December’s export figures depicting contraction in trade deficit bolstered investor interest.
