With the KSE-100 climbing more than 1,350 points, the PSX’s bullish run continues.

Supported by a strong buying binge and increased investor confidence, the Pakistan Stock Exchange (PSX) maintained its strong upward trajectory on Thursday.

The KSE-100 index increased by 1,356.13 points during the early trading session to reach 163,582.40 points, which was 0.84% higher than the previous closing of 162,226.27 points.

As investors exhibit increased interest in important stocks, the market is becoming more optimistic, as evidenced by this upward movement.

The PSX’s bullish trend demonstrates the market’s tenacity, and analysts credit the gains to optimistic mood about corporate results and solid economic data.

The benchmark index saw a strong trend the day before as well, rising 1,291.15 points, or 0.80%, to close at 162,226.28 points from 160,935.13 points the day before.

In the ready market, 1,029.78 million shares worth Rs45.17 billion were traded, up from 1,545.92 million shares worth Rs38.85 billion in the previous session.

From Rs18.376 trillion to Rs18.483 trillion, the market capitalisation grew.

194 of the 484 active companies in the ready market closed higher, 244 saw a loss, and 46 saw no change.