Advertisement

Weekly PSX report: KSE-100 index sees mixed market movement

Stay updated - Follow TOK on WhatsApp for instant alerts!
0:00 / --:--
Advertisement

The Pakistan Stock Exchange (PSX) witnessed a mix of gains and losses during the trading week starting Monday, July 28.

On Monday, the KSE-100 index gained 172.77 points (0.12%) to close at 139,380.05. However, Tuesday brought a major setback as the index fell by 1,415.24 points (1.02%), dropping to 137,964.81. This decline was one of the sharpest in recent sessions.

Wednesday showed signs of recovery with the index rising 447.44 points (0.32%) to reach 138,412.25. The positive momentum continued on Thursday, as the KSE-100 surged by 978.17 points (0.71%), closing the week at 139,390.42 almost back to where it started on Monday.

Throughout the week, a total of 483 companies traded their shares. On Thursday alone, 235 companies recorded gains, 215 saw losses, and 33 remained unchanged. The total number of shares traded on the final trading day was 577.3 million, a significant rise from 425.8 million a day earlier. The total value of traded shares also rose to Rs 36.3 billion from Rs 25 billion.

Despite Tuesday’s heavy dip, the market closed the week with a slight gain, reflecting investor resilience. Market activity and volume both increased by the end of the week, showing renewed investor interest, especially after two days of upward movement.

Advertisement
Share

Follow Times of Karachi on Google News and explore your favorite content more quickly!
Leave a Reply
Related Posts
🚫 Ad blocker detected. Please disable your ad blocker to support our content.
Close Button
Advertisement