PSX rises 1,456 points amid ongoing bullish trend

The Pakistan Stock Exchange (PSX) continued its positive trend on Tuesday, with the benchmark KSE-100 Index showing solid growth. By the end of trading, the index closed at 186,518.71 points, up by 1,456.61 points, or 0.79%.

Buying activity was strong across several key sectors, including automobile assemblers, cement, banks, fertilisers, oil and gas, power generation, and refineries. Major stocks like ARL, HUBCO, MARI, POL, PSO, SNGPL, SSGC, HBL, MCB, MEBL, NBP, and UBL all ended the day in positive territory.

On Monday, the PSX also closed on a high note, as continuous institutional buying pushed the KSE-100 Index to a new all-time high. The index gained 2,653 points, or 1.45%, closing at 185,062 points.

Meanwhile, the Pakistani rupee showed a slight improvement against the US dollar in the interbank market on Wednesday. It closed at Rs280.06, up by Rs0.01 against the greenback.

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