KARACHI (Pakistan Post Canada) – The Pakistan Stock Exchange (PSX) kicked off the new business week on a positive note, staging a strong recovery after last week’s sharp decline.
During intraday trading on Monday, the benchmark KSE-100 index surged by 950.22 points, climbing to 155,389.90 points — reflecting a 0.62% increase compared to the previous close of 154,439.68 points.
The rebound comes as a sign of renewed investor confidence and an improvement in market sentiment after a volatile trading spell.
In the previous session on Friday, the index had lost 1,701.56 points or 1.09%, closing at 154,439.68 points against 156,141.25 points recorded earlier.
Market data showed that 987.5 million shares were traded, lower than Friday’s 1.27 billion shares, while the trading value stood at Rs39.9 billion, compared to Rs50.2 billion a day earlier.
Out of 476 companies that traded shares, 180 closed higher, 263 declined, while 33 remained unchanged.
