PSX extends bullish trend as KSE-100 surges by 1,875 points
Business
The Pakistan Stock Exchange (PSX) maintained its bullish momentum for the second consecutive day, with the KSE-100 index rising by 1,875.95 points to reach 186,933.78 points, a 1.01% increase.
KARACHI (Dunya News) – Pakistan Stock Exchange (PSX) maintained its bullish momentum for second consecutive day amid robust investor confidence.
The KSE-100 index gained 1,875.95 points to climb to 186,933.78 points, marking a positive change of 1.01 percent compared to previous close of 185,057.83 points.
A day earlier, the index witnessed bullish trend, gaining 883.35 points, a positive change of 0.48 percent, to close at 185,057.83 points compared to 184,174.49 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 740.092 million shares with a traded value of Rs 42.204 billion, against 805.139 million shares valuing Rs 50.834 billion in the previous session. Market capitalization increased to Rs 20.969 trillion from Rs 20.827 trillion a day earlier.
Out of 487 active companies in the ready market, 214 advanced, 222 declined, while 51 remained unchanged.