Share market’s rally continues

KARACHI: After posting a notable hike of 933 points on Thursday, the share market has continued its momentum on Friday. In the early hours of trading on the final business day of the week, the benchmark KSE-100 index climbed 263.08 points to 50,628.23 points.

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The market opened at 50,365.15 points and until the time of filing of this update, the index had posted over 263 points increase with 84 million shares exchanging hands.

Market analysts and experts attributed this surge to various economic factors, including improved investors’ confidence, positive corporate earnings reports, and a favourable economic outlook.