The 100 Index gained 657.19 points or 1.04% to settle at 63,939.41 levels at the closing of the market.

Similarly, the KSE-30 Index gained 326.05 points or 1.53% to reach 21,601.25 levels at the trading session’s closing.

Meanwhile, caretaker Finance Minister Shamshad Akhtar has said that Pakistan’s economy was expected to grow by 2 to 2.5% in the ongoing fiscal year.

“Growth is to rebound into the positive trajectory in the range of 2 to 2.5%, with agriculture expected to grow by 5.6%, and industry by 2.5% this fiscal year,” she said while addressing the IPO Summit-2024, held in Karachi a day earlier.

She said that the tax collection target was projected to touch the Rs10 trillion mark as the Federal Board of Revenue struggles to launch additional reforms.