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PSX 100-index surpasses 45,000-level

KARACHI : (Parliament Times)  PSX, on last day of business week, is continuing its bullish momentum gaining another massive 536 points to surpass 45,000-level for first time in its history.

100-index is currently floating at 45,319 points.

Earlier, stock opened marginally positive while wider market gradually inched up.

As apex court hearing on Sharif family’s Panama leaks case once again ended without any major development, volumes spiked in Pakistan Stock Exchange.

Furthermore, growing political stability and an announcement by South Korean automobile giant, KIA motors, to establish plant in Pakistan also helped in restoring confidence of investors.

Keeping in mind the bullish trend, local and foreign investors are preferring to buy shares instead of selling them.

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