The Pakistan Stock Exchange (PSX) recovered on Thursday, gaining more than 600 points. According to the PSX website, the KSE-100 index closed at 64,617.56, up 697.72 points or 1.09% from the previous close of 63,919.84 points.
Despite occasional downturns, the stock market maintained an overall favorable trend throughout the previous week. Last week, the Pakistan Stock Exchange (PSX) seemed to be poised for growth.
However, beginning on Monday, the benchmark KSE-100 began to fall, and this trend continued until Thursday morning. The index rose by 600 points at midday today, indicating a bullish change. The index began at 63,919.84 points and was at 64,524.80 points by noon.
The energy industry, which was a major contributor to the previous collapse, also contributed to the current expansion. The continuous volatility in global oil prices is also influencing these variations.
