Market Update: 100 index trading at 151,034 points

Pakistan Stock Exchange opened strong as the KSE-100 index gained over 1,000 points.

Karachi: The Pakistan Stock Exchange witnessed a strong start on the third trading day of the week, as bullish momentum pushed the benchmark KSE-100 Index sharply higher.

During early trading hours, the index surged by 1,018 points, reclaiming the important psychological level of 151,000. At the time of reporting, the KSE-100 Index was trading at 151,034 points.

The positive momentum comes after the market closed at 150,016 points in the previous session, indicating renewed investor confidence and buying activity.

Meanwhile, Asian stock markets displayed mixed movements today amid ongoing tensions in the Middle East.

Japan’s Nikkei 225 surged nearly 3 percent, marking strong gains in the region, while Malaysia’s market climbed more than 1.5 percent.

In contrast, Thailand’s stock market posted a modest 1 percent rise, and China’s Shanghai Composite Index edged slightly lower. Hong Kong’s Hang Seng Index also experienced small losses during trading.