Stock exchange saw a massive rise of 980 points during the week which is the highest of the past eight months.
The market recorded a bullish week and 100 Index rose by 2.9 percent. The market closed at 34,719 points on Friday with a 215 points rise.
Shares of 347 companies, worth Rs 10 billion were traded in the week. Those of 145 companies rose in value while shares of 188 reduced. At least 14 companies maintained their share value.
They said that positive outlook given to Pakistan’s economy by Moody’s and rise in crude price in the international market resulted in the 5.8 percent rise.