KARACHI: There is a strong bullish trend in the Pakistan Stock Exchange, during which the index crossed 2 psychological levels.
On Monday, the PSX opened with a huge jump of 1007 points, the index crossed the psychological level of 80 thousand points and settled at the level of 80952 points. Later, the KSE 100 index surged by 1416 points, crossing both psychological levels of 80,000 and 81,000 to settle at 81,360 points.
A bullish trend is seen in the stock market on the first day of the business week itself. On the contrary, the last week ended with a big bearish market and the KSE 100 index closed at 79 thousand 944.10 points after the volatility on Friday.
