The stock market explodes as the KSE-100 index hits 78,397 points.

Following a dismal performance on August 1, the Pakistan Stock Exchange saw a favorable trend on Friday.

With 656 points gained at the beginning of the final trading day of the week, the KSE-100 index reached 78,397 points thanks to the stock market’s upward movement.

The government and once-adamant Jamaat-e-Islami (JI) and Baloch Yakjehti Committee (BYC) protesters are thought to have temporarily softened their political animosity, which may be connected to the most recent rise.

It is important to highlight that this week’s stock market saw mixed results, with the KSE-100 index finishing at 77, 740 points after dropping 146 points on August 1.

The price of dollars in the interbank market dropped by Rs 0.16 to Rs 278.50 from Rs 278.66.