PSX ends bullish after volatile trading

KARACHI (News Desk): The Pakistan Stock Exchange (PSX) closed in positive territory on Monday after witnessing fluctuations throughout the trading session, with the benchmark KSE-100 Index gaining 155 points to settle at 166,564 points.

The market remained volatile during the day as investors responded to changing trading sentiments, with the benchmark index moving between a high of 166,990 points and a low of 165,585 points.

Despite intraday fluctuations, buying activity towards the close helped the market maintain its positive momentum, allowing the benchmark index to finish higher.

Trading activity remained relatively active, with 443.4 million shares changing hands during the session, involving a total traded value of Rs17.73 billion.

Out of 568 companies traded, share prices of 319 companies declined, while 137 recorded gains. The prices of the remaining companies remained unchanged.

The market’s positive close reflected a modest recovery despite widespread pressure on individual stocks, as the majority of traded companies ended the session in negative territory.