Markets

Stock Watch: Another week, another record high as bulls continue to reign

Mutual funds were the biggest buyers this week with net buying of $13.96 million followed by individuals buying equities worth $8.2 million

- YouTube

Pakistan’s stock market rally continued this week, achieving a historic milestone by reaching 95,000 points on Friday.

The index hit an intra-day high of 95,278 points before profit-taking by investors brought it down, closing the week at a record-high level of 94,764 points.

Mutual funds were the biggest buyers this week with net buying of $13.96 million followed by individuals buying equities worth $8.2 million.

Watch the latest episode of the Stock Watch and learn all about this week’s stock market milestones and trends!

Comments

See what people are discussing

More from Business

Mashreq Bank gets license to operate as digital bank in Pakistan

Mashreq Bank gets license to operate as digital bank in Pakistan

SBP framework empowers fintech and traditional banks to offer fully digital services

More from Video

Who really owns basmati? The rice dispute between India and Pakistan

Who really owns basmati? The rice dispute between India and Pakistan

Nukta Correspondent Sheraz Ahmed explores the history of the coveted long grain rice