Bulls dominate as Pakistan Stock Exchange climbs over 1,000 points

Karachi: Bulls maintained bullish trend at the Pakistan Stock Exchange (PSX) on Tuesday as shares gained over 1,000 points, continuing their upward momentum following de-escalation between India and Pakistan.

The KSE-100 index opened with a gain of 2,769 points to stand at 120,067.12 points from the previous close of 117,297.73 at 9:30am.

By 3pm, the index stood at 118,605.98 points, up 1.12 per cent. Finally, the index closed at 118,575.88 points, up 1.09pc or 1278.15 points compared to yesterday.

Meanwhile, India’s benchmark indexes opened lower on Tuesday after logging their best day in more than four years, following a fragile ceasefire with Pakistan over the weekend.

The Nifty 50 was down 0.52% at 24,784.95 and the BSE Sensex lost 0.64% to 81,900.2 as of 9:25am IST.