Stocks surge past 113,000 on active buying
KARACHI: Amid relative political calm and strong economic data, the stock market extended its overnight recovery drive as investors remained busy picking shares at attractive valuations, tossing the benchmark KSE 100 index above 113,000 on Tuesday.
Topline Securities Ltd said bulls tightened their grip as the Pakistan Stock Exchange (PSX) witnessed strong upward momentum, hitting an intraday high of 1,855 points before closing at 113,010—up by 1,632 points or 1.47 per cent day-on-day.
It attributed this positive trend to the fading selling pressure........
© Dawn Business
