KARACHI: The Pakistan Stock Exchange has gained some momentum as the market saw a bullish trend here on Thursday wherein the exchange gained more than 1,000 points, or 1.59 per cent, taking the total tally to 65,064.26 points from the previous day’s 64,048.44 points during the intraday trading.
According to the director of research at Chase Securities, the market saw a positive trend owing to the clarity in approach with regards to economy and political stability. According to him, the new finance minister’s interview has seen the market respond positively.
Pakistan has been battling a serious economic crunch with the stock exchange bearing the brunt of the political and economic instability in the country.