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The Pakistan Stock Exchange (PSX) on Monday experienced an upward trend as the KSE-100 benchmark closed after a positive change of 172.77points.
The market witnessed an increase of 0.12% percent, the KSE-100 index closed at 139,380.05 points, as compared to 139,207.28 points on the last trading day.
During the day, the market mostly experienced a downward trend, with a total of 483 shares traded in the stock market, while 251 shares saw profits, 205 saw losses, and 27 remained unchanged.
Last week, the Pakistan Stock Exchange (PSX) witnessed a mixed trend, with both gains and losses seen in the KSE-100 index.
On Monday, the market began the week on a negative note, dropping by -379.78 points, or 0.27%, closing at 138,217.58 points. Out of 479 traded shares, 193 gained, 245 declined, and 41 remained unchanged.
Tuesday brought a strong recovery, as the index surged by 1,202.03 points, or 0.87%, closing at 139,419.61 points. Investor sentiment improved with 268 shares gaining value.
However, the momentum slowed on Wednesday, with a slight drop of -165.26 points (-0.12%), pushing the index down to 139,254.35 points. The number of declining shares rose to 243.
The downward pressure continued Thursday, as the market fell by -561.69 points, a 0.4% decrease, closing at 138,692.66 points. Market breadth remained negative, with 273 shares in loss.
On Friday, the PSX bounced back, gaining 514.62 points, or 0.37%, to close the week at 139,207.28 points. While the market closed positively, trading activity remained cautious.
