Weekly Report: Pakistan Stock Exchange ends week on positive note

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a mixed trend throughout the trading week, ultimately closing with notable gains.

Despite fluctuations, the 100-Index recorded an overall increase of 408 points, rising from 166,677 to close at 167,085 points by the week’s end.

During the week, the index regained one psychological barrier, while trading remained positive on three sessions and negative on two sessions. The benchmark index touched a weekly high of 169,289 points, whereas the lowest level stood at 165,886 points.

Market capitalization expanded by Rs172 billion, reaching Rs19,038 billion over the five-day trading period. According to market data, 44.05% of shares witnessed price appreciation, with 1,053 companies closing higher, while 1,109 scripts ended in decline.

Experts attribute investor confidence to improved financial sentiment and the extension of Saudi fund deposits for one year, keeping market activity vibrant throughout the week.