KSE-100 index rises 603.05 points

Staff Reporter

The Pakistan Stock Exchange (PSX) staged a rebound on Thursday and resumed its upward trend owing to overall optimism on the back of some positive triggers.

The rally was witnessed in anticipation of the outcome of Financial Action Task Force (FATF) meeting. Investors remained optimistic as they waited anxiously for the result of the huddle.

Earlier, trading began on a positive note and the benchmark KSE-100 index continued to march upwards throughout the session.

Bulls pushed the index close to the 46,000-point mark. At close, the benchmark KSE-100 index recorded an increase of 603.05 points, or 1.33%, to settle at 45,965.63 points.