The KSE-100 index increased 1,109 points during the early morning trade, reaching 90,055 points.
However, the index dropped to 89,803.95 points from 857.97 points at roughly 10:20 am.
It should be mentioned that the KSE-100 index rose 1,751 points on Thursday, breaking beyond the 88,000 barrier for the first time ever.
Analysts claim that “positive” signs have prompted investors to rejoin the market. Following reports of China’s “encouraging response” regarding the debt rollover and anticipations of a $1 billion fund that Pakistan requested from the International Monetary Fund (IMF) program that assists low and middle-income nations in mitigating climate risk, their confidence skyrocketed.
