Country’s economy continues to improve amid a slew of measures the government has taken in the last few months.
The economic ‘turnaround’ has given investors a reason to cheer about which can be borne out by the unprecedented surge in stocks in recent times.
On Friday, the last work day of current week in the Pakistan Stock Exchange (PSX), the KSE-100 index surpassed 115,000 mark as market players invested with glee. The stocks gained strength on the 13th consecutive day highlighting improvement in country’s economy.
During early hours of trading, stocks climbed to 115,172 with a gain of 600 points.
A day earlier (Thursday), the Pakistan Stock Exchange (PSX) attained high by soaring past 114,000 points. The streak of surge continues for more than a month now.
Thursday’s trade saw figure jump to 113,374 points with a gain of hefty 2,500 points. Later in the day, the KSE-100 index surpassed 114,000 points and eventually closed at 114,180 with a gain of 3,370 points.