Bulls push index beyond the 117,000 threshold

The Pakistan Stock Exchange (PSX) had a bullish trend for the second consecutive trading day, with the benchmark index increasing by about 700 points on Tuesday.

The KSE-100 index stood at 117,202, reflecting a rise of almost 100 points.

Significant purchasing activity was seen in critical industries such as vehicle manufacturers, cement, commercial banking, oil and gas exploration firms, oil marketing organizations, power production, and refineries. Index-dominant equities such as HUBCO, NRL, PRL, PSO, SNGPL, OGDC, POL, PPL, MCB, MEBL, and UBL experienced positive trading performance.

The KSE-100 index closed at 116,199, having increased by 663 points.