Summary
- Karachi: The Pakistan Stock Exchange (PSX) closed the latest trading week on a positive note, with the benchmark KSE-100 Index gaining nearly 4,000 points amid an overall upward trend in the share market.
- According to the weekly market update, the benchmark index increased by 3,987 points during the week to settle at 177,873 points.
- The weekly performance reflected an overall positive trend at the country’s equity market, as the benchmark index ended the period significantly higher than its previous closing level.
According to the weekly market update, the benchmark index increased by 3,987 points during the week to settle at 177,873 points.
The KSE-100 Index fluctuated within a range of 4,495 points reaching a weekly high of 180,769 points and a low of 176,273 points.
Trading activity remained substantial throughout the week with approximately 4.33 billion shares changing hands in transactions worth Rs155 billion.
The market also recorded an increase in its overall capitalisation. Market capitalisation rose by Rs426 billion during the week, reaching Rs19,335 billion.
The weekly performance reflected an overall positive trend at the country’s equity market, as the benchmark index ended the period significantly higher than its previous closing level.
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