Pakistan Stock Exchange closes in Green After strong buying rally
Business
The Pakistan Stock Exchange ended trading in the green zone as the KSE-100 index rose by 1,217 points to close at 168,303
KARACHI (Dunya News) – Trading at the Pakistan Stock Exchange (PSX) ended on a positive note on Monday as bullish sentiment pushed key indices firmly into the green zone.
The benchmark KSE-100 index gained 1,217 points to close at 168,303, reaching a key psychological level by the end of the session.
During the day, the index touched an intradayhigh of 168,755 points, while the lowest level recorded was 167,386 points.
Market activity remained mixed across sectors, with gains recorded in a larger number of shares. Out of 560 companies traded, share prices of 244 companies increased, while 197 companies saw a decline.
Prices of the remaining companies remained unchanged.
Investor participation stayed robust, with total trading volume reaching 769.7 million shares. The value of shares traded during the session exceeded Rs49 billion, reflecting renewed confidence among investors.
Market analysts attributed the positive momentum to selective buying in index-heavy stocks and improved investor sentiment, supported by expectations of economic stability and positive developments on the macroeconomic front.
