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PSX Business National

PSX closes positive, gains 1,917pts

On the first business day of the week, the Pakistan Stock Exchange (PSX) closed on a positive note, with the benchmark index climbing 1,917.62 points or 1.89 percent, closing at 103,274.94 points.

The market saw a high of 103,386.46 and a low of 101,921.20 during the session. The previous day’s close was at 101,357.32, indicating a robust recovery.

Trading activity remained strong, with a total volume of 1.56 billion shares traded, valued at Rs 47.1 billion across 454,060 transactions.

Market breadth was positive, with 338 stocks advancing, 85 declining, and 38 remaining unchanged out of a total of 461 listed entities.

READ: PSX surges over 4,695pts as PTI protests end

Analysts attribute the market’s bullish trend to improved investor sentiment, driven by positive economic indicators and a surge in foreign investment.

Last month, PSX achieved a historic milestone as the KSE-100 Index remained bullish, gained more than 800 points, and closed above the 100,000 mark for the first time, signaling robust investor confidence.

The KSE-100 benchmark closed at 100,082.77 points, up by 813.52 points, with a high recorded 100,540.29 points and a low 99,354.24 points during the trading session.

Market activity was vibrant, with a total volume of 1.16 billion shares traded, generating a value of Rs 39.78 billion across 401,113 transactions.

Source: PSX

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