KARACHI: The Pakistan Stock Exchange on Friday saw a bullish trend in the stock market by hitting 41,000 points benchmark.
KSE 100 index reached his highest point before the close at 41,000 points. The KSE-100 Index started off at 40,514 points, climbing up at the intra-day and reaching 41,030 points.
Meanwhile, the KSE-30 index closed at 18,408.29 after witnessing a decrease of 21.24 (-0.12%). The bourse opened at 18,445.73 points. The total volume of scripts was estimated at 70.8 million.
The top active performers were Unity Foods (16.803%), and BOP (13.942 %).
The stock market has a bumpy week as market forces and investors’ confidence seek to regain control of the stock market.
Yesterday, the KSE-100 index also continued with a bearish outlook witnessing a small decline and closed on a negative note.
The opening day of the week saw an overall decline of 289.45 points (-0.71%) and eventually closed at 40,442.580 points. The bourse eventually regained on Tuesday and saw an increase of 221.79 (0.55%) to close at 40,664.60 points.
The PSX has been among the top-performing stock exchanges in the world, as from July to December 6 PSX has given a 19.8 percent return, the highest in the last six years.
Read more: KSE-100 index declines slightly after crossing 40,000 level
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