KARACHI:The PSX’s main index currently stands at 169,381.99 points, reflecting an increase of 892.37 points or 0.53% from the previous close of 168,489.62 points.
The market has demonstrated strong momentum early in the trading session, with a total of approximately 159.4 million shares exchanged so far.
Although trading is still underway, investor confidence appears robust, signaling optimism about the market’s prospects. Analysts interpret this upward trend as a sign of positive investor sentiment driven by favorable economic indicators and market conditions.
In the last trading session, the benchmark KSE-100 index surged by 2,849.29 points, a rise of 1.72%, closing at 168,489.63 points compared to the previous day’s 165,640.34. During that day, over 1.57 billion shares were traded, slightly down from the previous day’s volume of around 1.64 billion shares. The total value of shares traded was Rs 70.19 billion, compared to Rs 69.66 billion earlier.
On that day, a total of 489 companies participated in trading; out of these, 239 posted gains, 227 faced declines, and 23 remained unchanged, indicating a generally positive market sentiment.