KARACHI: The Pakistan Stock Exchange (PSX) witnessed modest gains during the trading week. The KSE-100 Index rose by 167 points, closing at 162,102 points compared to 161,935 points at the start of the week.
During the week, the market recovered a key psychological level, with three days of decline and two days of upward movement. The highest level of the week for the index was 162,936 points, while the lowest stood at 160,583 points.
The market capitalization increased by Rs 7.9 billion, reaching Rs 1,851.2 billion by the end of the week. Around 42.7% of listed shares recorded gains, with 1,021 companies seeing price increases and 1,161 companies recording declines.
Experts noted that limited buying pressure for profit-taking in certain stocks contributed to the modest uptick in the market.