Staff Reporter Karachi
The Pakistan Stock Exchange (PSX) continued its upwards trend on Wednesday, owing to the overall optimism on the back of a host of positive triggers. Consequently, the KSE-100 index gained over 350 points and closed near the 47,000-point mark.
Earlier, trading began on a positive note and the local bourse remained on the uptrend as high trading volumes pushed the benchmark index above the 47,000 mark at midday. The index surpassed the 47,000 barrier after three and a half years. It had last crossed the level on August 3, 2017. However, selling pressure emerging towards the end of session erased some of the gains and the index failed to sustain the 47,000 mark.