Next day, despite a substantial drop, the PSX stayed above the 64,000 mark in volatile trading where the KSE-100 index swung in a 908-point range. The following day, bulls took over control, pushing the stock exchange above the 64,500 mark following gains of nearly 700 points. Overall, the benchmark KSE-100 index recorded an increase of only 123 points, or 0.2% week-on-week (WoW), and settled at 64,638. Most importantly, the IMF board approved a second tranche of $700 million for Pakistan. During the week under review, foreign investors bought shares valuing at $1.9 million compared to net selling of $3.1 million last week.
