Karachi: Today was an uncertain and volatile day for business on the Pakistan Stock Exchange (PSX). The PSX-100 Index kept investors on a roller coaster ride throughout the day; however, the market closed with a slight improvement at the end of the day.
In the opening session, the index surged above the psychological threshold of 134,000 points, and at one point touched the 134,200-point mark. However, profit-taking pressure pushed the index down to 132,696 points.
Finally, at the close of trading, the PSX-100 index recovered somewhat and gained 33 points to close at 133,403 points, a slight improvement from the previous day’s closing level of 133,370 points.
According to experts, the overall trend in the market is positive, but investors are reacting quickly to buying and selling opportunities. Today’s trading volume and the performance of key sectors will be closely watched to gauge the future market direction