*KARACHI: Pakistan Stock Exchange (PSX) on Friday witnessed anunprecedented jump in volume as the 100 index gained 800 points duringtoday’s trading.*
As per details, the bench mark 100-index showed positive trend at the startof the business day and closed at 37,612 points after witnessing a massiveincrease of 800 points.
According to the stockbrokers the investors are expressing confidence inthe market following the Prime Minister Imran Khan’s massive decision toreshuffle the federal cabinet, yesterday.
Investors hope that the market would recover with expected improvement inthe macroeconomic indicators as the biggest challenge to the economy – thecurrent account deficit – has started narrowing down.
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The economic activities in the PSX are gearing up after the financial aidfrom the Saudi Arabia, United Arab Emirates (UAE) and China to face thiscrunch economic situation.
