The Pakistan Stock Exchange (PSX) has started the trading day on a positive note, with the 100 Index gaining over 300 points to reach 118,500 points.

This uptrend is attributed to increased investor interest and favorable economic indicators, which have boosted share purchases in the early hours of trading.

In the interbank market, the Pakistani rupee has shown slight improvement, with the dollar price dropping by 5 paisas, resulting in the US dollar trading at Rs282.

Economists view the recovery of investor confidence and stability in the rupee’s value as encouraging signs for the market.

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PSX opens on positive note

PSX gains over 300 points in intraday trade

Shares at PSX gain over 200 points in intraday trade

However, they advise keeping a close watch on forthcoming monetary policy, budget preparations, and the political landscape in the days ahead.