KARACHI – The Pakistan Stock Exchange (PSX) experienced a strong recovery on Thursday following several days of a bearish trend.
During intraday trading, the KSE-100 index rose by over 700 points, reaching 112,194.76 points, marking a positive change of 0.63 percent. By the end of the session, the index closed at 113,206 points, up by 1,719 points.
This positive momentum was driven by investor interest in sectors such as automobile assemblers, cement, chemicals, commercial banks, and oil and gas exploration companies.
The recovery follows a statement from a US business delegation, which expressed its intention to invest billions of dollars in Pakistan’s various sectors, including minerals, real estate, energy, technology, and artificial intelligence.
US billionaire investor Gentry Beach spoke to the media, saying, “President Donald Trump believes in economic diplomacy, and that’s why we are visiting Pakistan.” He confirmed that initial investments would focus on critical minerals and real estate, with plans to develop luxury properties in Pakistan.
On Wednesday, the KSE-100 index had seen a bearish trend, losing 543 points, or 0.48 percent, closing at 111,487.36 points.
A total of 449,244,755 shares were traded that day, with a trading value of Rs28.186 billion.
