Stocks gain on improving investor confidence
KARACHI: The Pakistan Stock Exchange (PSX) extended its rally on Wednesday, mirroring global market trends and buoyed by easing geopolitical tensions and a sharp uptick in consumer confidence.
Ali Najib, Deputy Head of Trading at Arif Habib Ltd, said the market remained largely range-bound after Tuesday’s historic second-highest single-day gain. The KSE-100 index moved between an intraday high of 123,257 points (up 0.83pc) and a low of 122,169 points (down 0.06pc), eventually closing at 122,762 — up 515 points or 0.42pc.
Bullish momentum continued as investor........
© Dawn Business
