PSX rally continues as index increases by 1.47%

The Pakistan Stock Exchange (PSX) saw an increase on Tuesday, with the KSE-100 index rising by 1,641.10 points, or 1.47%, reaching a current index of 113,019.06 during intra-day trading. The index reached a high of 113,103.24 points and a low of 111,834.20 points during the trading session. Despite the positive movement in the index, trading activity remained high, with a total volume of 84,059,979 stocks traded and a market value of 8.74 billion. The PSX's previous close was recorded at 111,377.96 points, reflecting a substantial drop in market performance during the previous session. On Monday, the Pakistan Stock Exchange (PSX) saw a notable recovery, driven by an earnings season rally as investors closely monitored progress on key International Monetary Fund (IMF) targets. Analysts noted that achievements such as the primary budget surplus and provincial revenue collection contributed to the market’s positive momentum ahead of the upcoming IMF review.