Karachi Stock Exchange Surges with Late-Session Buying

The Karachi Stock Exchange witnessed a positive end to the week as the stocks closed near 73,000 points last Friday. This surge was attributed to late-session buying, which drove a 1% gain according to market dealers. The benchmark KSE-100 index showed significant growth, increasing by 771.35 points or 1.07% to close at 72,742.75 points.

Investors were buoyed by the late-session buying activity, which injected momentum into the market. The increase in the KSE-100 index reflects renewed confidence among market participants, as they capitalized on the positive trend to bolster their portfolios.

Market analysts are closely monitoring this upward trajectory, with many attributing the gains to improved investor sentiment and robust economic indicators. The recent performance of the Karachi Stock Exchange indicates a promising outlook for the market, with potential for further growth in the coming sessions.

In conclusion, the Karachi Stock Exchange closed on a high note last week, with the benchmark KSE-100 index posting significant gains. The late-session buying activity and positive investor sentiment have contributed to this upward trend, signaling a positive outlook for the market in the near future.