Strong Demand Drives Stock Market Up
Investor confidence reaches a six-month high as manufacturing data beats expectations.
The benchmark index climbed 2.3 percent on heavy volume, led by manufacturing and consumer goods stocks. Analysts pointed to stronger-than-expected export data and a softening currency as key drivers.
What Moved the Market
Export orders rose for the third consecutive month, with electronics and textiles leading the gains. The central bank signaled it would hold rates steady through the quarter.