The benchmark KSE-100 index increased by 311 points to close at 82,278 on Thursday, continuing the rising trend of the Pakistan Stock Exchange (PSX).
The rebound indicates that investor confidence in the market has returned, since the pivotal 82,000-point level has been reestablished.
The rising momentum was driven by a mix of encouraging news about economic reforms and impressive company earnings reports.
With significant gains, the surge was spearheaded by key industries like banking, cement, and energy.
The improvement in market sentiment, analysts believe, is a result of solid macroeconomic indicators and encouraging global events.
In the upcoming weeks, investors anticipate that the government’s economic measures will maintain this upward trend.
Although some volatility in the market is anticipated, overall investor confidence is still high as seen by the increase in trading volumes.
