Stock Watch: Record-breaking week at PSX as benchmark KSE-100 soars by 3.2%

The bulls went on a rampage this week at the Pakistan Stock Exchange, with the KSE-100 index coming close to the 100,000 mark.

On the final trading day of the week, the index reached an intra-day high of 99,623 points before experiencing a sharp sell-off. The KSE-100 index ultimately closed the week at 97,798, reflecting a gain of 3.2% for the week.

This week’s rally was primarily fueled by the banking and fertilizer sectors, with mutual funds once again emerging as the largest buyers.

For a detailed breakdown of this week’s stock market and future outlook, tune into the newest episode of Stock Watch.

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