KARACHI, July 27 (TNS): As new government yet to swear in, Pakistan’s stock market continued to enjoy a bull run on Friday with the KSE-100 Index climbing another 697.29 points or 1.66% to settle at 42,786.45.
As investors cheered the outcome of the country’s 11th general elections, the winning streak, which started on Tuesday, has now stretched across three sessions, cumulatively adding 5.74% to the index that bore the brunt of political as well as economic turbulence in the past few months ahead of the elections.
Stocks continued their winning run with index-heavy cement, steel, banks as well as oil and gas sectors attracting investor attention.
Overall, trading volumes increased to a healthy 385.5 million shares compared with Thursday’s tally of 254 million. The value of shares traded during the day was Rs14 billion.
