Sharp rise in PSX on New Year, increased by over 1,600 points

Karachi: The Pakistan Stock Market has witnessed a huge boom at the start of the New Year.

A positive trend was also seen at the start of business on the third day of the week, with the 100 Index on the Stock Exchange increasing by more than 1,600 points during trading.

With a huge boom in the stock market, the 100 Index touched the mark of 116,802 points.

It is pertinent to note that at the end of the previous business day, the 100 Index on the Pakistan Stock Exchange had closed at 115,126 points, down 132 points.