PSX continues bullish trend as KSE-100 climbs 1,445 points
Business
The Pakistan Stock Exchange saw a bullish trend on Friday, with the KSE-100 index rising 1,445.52 points to 166,818.83. Investor confidence grew, with 289 companies closing higher
KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) continued its upward trajectory on Friday, buoyed by sustained buying interest from local institutional investors, which contributed to positive market sentiment.
During intraday trading, the benchmark KSE-100 index surged by 1,445.52 points, reaching 166,818.83 points.
This marked a gain of 0.87% compared to the previous day's close of 165,373.31 points, reflecting strong investor confidence.
A day earlier, the benchmark index continued its bullish momentum, surging by 2,184.78 points, a positive change of 1.34 percent, closing at 165,373.31 points compared to 163,188.53 points on the previous trading day.
A total of 498.36 million shares were traded in the ready market with a value of Rs30.59 billion, compared to 636.40 million shares worth Rs30.91 billion in the previous session.
Market capitalization increased to Rs18.744 trillion from Rs18.512 trillion.
Out of 484 active companies, 289 closed higher, 152 declined, while 43 remained unchanged.
