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Market watch: Winning streak continues for 4th straight session


Market watch: Winning streak continues for 4th straight session
Benchmark KSE-100 index climbs 593.25 points to settle at 45,450.31
KARACHI:
The Pakistan Stock Exchange (PSX) extended its rally for the fourth straight day on Wednesday with the benchmark KSE-100 index adding another 593 points to the total level.
The market kicked off trading on a positive note and remained bullish for most of the day as the index touched intra-day high of 683 points. The index roared past the 45,000-point mark in the first hour of trading.
The decision taken by the opposition alliance – the Pakistan Democratic Movement (PDM) – to postpone its long march planned for later this month provided a positive trigger to the market. ....

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