The Pakistan Stock Exchange (PSX) maintained a strong bullish trend throughout the week, largely influenced by increased buying activity from foreign corporations. The KSE100 Index recorded a gain of 1412 points, representing a 2.1% increase compared to the previous week.
It's worth noting that the trading week (1st April to 4th April) was shortened by a day due to the closure of PSX on the final day, which coincided with Jumma-tul-wida.
This marks the third consecutive weekly gain for PSX. Year-to-date, the PSX has shown a modest rise of 5.8% according to the KSE100 Index, while over the past one year, the index has seen a notable increase of over 72%.
Additionally, this week witnessed the KSE100 Index surpassing the historic 68,000 level, marking another milestone. Just last week, the index had crossed the 67,000 mark, indicating a sustained positive trend in the market.
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