PSX rebounds with 600-point gain amid market uncertainty



The Pakistan Stock Exchange (PSX) staged a modest recovery on Friday, bouncing back after a series of bearish sessions.

During intraday trading, the KSE-100 index climbed over 600 points to reach 147,903 points, despite lingering uncertainty stemming from the ongoing flood crisis in Punjab.

A day earlier, the benchmark index had slipped by 150.52 points, or 0.10 percent, closing at 147,343.51 points compared to 147,494.03 points in the previous session.

Trading activity also picked up, with 935.46 million shares exchanged, up from 856.66 million shares a day earlier. The total value of traded shares rose to Rs 33.51 billion from Rs 29.28 billion.

Out of 474 companies that participated, 238 closed higher, 201 ended lower, while 35 remained unchanged.





Source link

  • Related Posts

    PSX continues with bullish trend, gains 1,004 more points

    The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued with a bullish trend on Tuesday, gaining 1,004.36 points, a positive change of 0.67 percent, closing at 150,975.48 points against 149,971.12…

    TDAP connects businesses of Pakistan, Bangladesh

    DHAKA   –   The TDAP, in collaboration with the Embassy of Pakistan in Dhaka, successfully facilitated a high-level business delegation of Pakistani exporters to Bangladesh, aimed at enhancing bilateral trade ties…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    PSX continues with bullish trend, gains 1,004 more points

    PSX continues with bullish trend, gains 1,004 more points

    TDAP connects businesses of Pakistan, Bangladesh

    TDAP connects businesses of Pakistan, Bangladesh

    Pakistan, China vow to deepen strategic partnership at SCO summit

    Pakistan, China vow to deepen strategic partnership at SCO summit

    Social media influencer escapes abduction, suspect arrested

    Social media influencer escapes abduction, suspect arrested

    AGP finds Rs384.74 billion observations during current audit of PPL

    AGP finds Rs384.74 billion observations during current audit of PPL

    LAAM announces launch of fashion week

    LAAM announces launch of fashion week