KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit highest ever levels first time in its history and closed with healthy gains during the outgoing week ended on November 24, 2023 on the back of aggressive buying by both local and foreign investors coupled with institutional support.
The benchmark KSE-100 index surged by 2,023.19 points on week-on-week
basis and crossed 59,000 psychological level for the first time in its history to close at highest ever level of 59,086.35 points.
Average daily volumes on ready counter however slightly decreased by 3.9 percent to 730.89 million shares during this week as compared to previous week’s average of 760.76 million shares while average daily traded value on ready counter declined by 11.2 percent to Rs 21.07 billion during this week against previous week’s Rs 23.71 billion.
BRIndex100 added 202.52 points during this week to close at 6,027.33 points with average daily turnover of 632.245 million shares.
BRIndex30…