Bull-run returns at PSX as KSE-100 index gains 1195 points

Bull-run returns at PSX as KSE-100 index gains 1195 points

Karachi (Staff Report): The Pakistan Stock Exchange witnessed a bullish trend on Wednesday as the benchmark KSE-100 index gained 3.45 percent or 1195.04 points to close at 34,637.14 points.

Upward trend was also witnessed at the stock market a day earlier with the KSE-100 gaining 191.56 points.

The bullish trend in PSX comes days after a delegation led by businessmen and brokers held a meeting with Adviser to Prime Minister on Finance Dr Abdul Hafeez Sheikh and discussed the overall macro-economic situation and its impact on capital markets in the country.

Apart from the Pakistan Stock Exchange, Pakistani ruppee also strengthened against the US dollar.