KARACHI: After a bearish start, the Pakistan Stock Exchange (PSX) ended the outgoing short week at an all-time high, buoyed by a revival of buying interest in the final session.
The four-day trading week was shortened by the Quaid-i-Azam’s birthday holiday on Dec 25. Typically, rollover weeks are marked by selling pressure as investors adjust their portfolios amid changes in futures contracts.
This time, however, the PSX defied expectations, with a late surge propelling the KSE-100 index above 172,000 for the first time in its history, marking a remarkable rally.
The key developme
Continue Reading on Dawn
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.