” Stock Market recovers after two days ” | GNN INFO

KARACHI: In a shift from recent positive trends, the Pakistan Stock Exchange (PSX) faced selling pressure Tuesday, causing the benchmark KSE-100 Index to conclude the trading day with a slight dip of 225.68 points. Wednesday and Thursday followed suit. However, Friday (today) morning brought gains for the benchmark KSE-100 index once again.

Stock market declines again after recovering

Today the index opened at 65,603.08 points and quickly climbed to 65,837.21 points. By noon, the index was seen hovering around 65,988.31 points, 385.23 points above starting point. By this time, most of the index had also turned green.

The total trading volume of the benchmark KSE-100 index until noon was over 113 million shares, and the rise and decline came from a range of sectors. While trading in green, around noon, the energy sector along with some telecom companies remained the leaders for the hike.

A snapshot of the PSX around noon looked like this: