PSX weekly report: KSE-100 index gained 2,943 points

F.P. Report

KARACHI: Pakistan Stock Exchange (PSX) experienced a week of positive trends and notable growth in business activities on the hopes of political stability after general elections.

At the close of the business week, the KSE-100 index stood at 62,815 points, marking a gain of 2,943 points or (4.92%).

During the week, the KSE-100 index reached its peak at an impressive 62,815 points, reflecting the confidence of investors in the hopes of political stability in Pakistan after the February 8 polls.

Trading during the week the market witnessed a volume of total 1.69 billion shares worth Rs63.50 bln were transitioned.

Moreover, the market capitalization witnessed a notable increase of Rs364 billion during the week, reaching a total value of Rs 9,081 billion from Rs8,717 billion.