Bulls rule as KSE-100 Index gains over 1100 points

04:12 PM | 22 May, 2019
Bulls rule as KSE-100 Index gains over 1100 points
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KARACHI - The Pakistan Stock Exchange witnessed a bullish trend on Wednesday with the benchmark KSE-100 index gaining 1195.04 points.

PSX closed at 34,637 points, in a visible deviation from the earlier bearish trend.

The market capitalization was enhanced as a result of the upward trend and now stands at Rs7073b.

Apart from the Pakistan Stock Exchange, Pakistani Ruppee also strengthened against the US Dollar.

The bullish trend in PSX comes days after a delegation led by businessmen and brokers held a meeting with Adviser to Prime Minister on Finance Dr Abdul Hafeez Sheikh and discussed the overall macro-economic situation and its impact on capital markets in the country.