On Tuesday, the benchmark KSE-100 Index increased by more than 650 points, continuing the upward trend of the Pakistan Stock Exchange (PSX).
The index hit 86,846.03 intra-day high earlier in the day.
The index was trading somewhat down at 86,718.73 points by 2:45 pm, but it was still showing excellent momentum, up 661.22 points, or 0.77%.
Key industries such as automakers, cement producers, chemical manufacturers, commercial banks, oil and gas exploration firms, oil marketing firms, and refineries all showed widespread purchasing. Major equities that were doing well included OGDC, PPL, SSGC, HBL, and MEBL.
Improvements in economic data, including a September current account surplus and less political unpredictability after the parliament approved the 26th Constitutional Amendment, are credited by market analysts with the upbeat mood.
