KARACHI: The Pakistan Stock Exchange (PSX) experienced a positive trend during the trading week, with the benchmark KSE-100 index gained 2411.81 points.
According to the Pakistan Stock Exchange report, the index closed at 114,398.70, up from 111,986.89 at the start of the week, meanwhile, the index reached a weekly high of 114,398.70 but hit a low of 111,986.89 points.
Over the five days of trading, the market capitalization up by Rs 127 billion, bringing the total market capitalization to Rs 14,116 billion by week’s end.
Share prices rise across the board – 48.01 percent of shares increased – out of the 1,986 companies listed, 908 saw an increase in share price, while 1,078 experienced a decrease.
This week’s positive performance underscores the resilience of the Pakistani financial market as it continues to attract investor confidence a midst fluctuating economic conditions. Investors and stakeholders will be keenly watching the developments in the upcoming weeks to gauge the market’s direction.
