KARACHI: The Pakistan Stock Exchange (PSX) has shown a positive trend. The market has gained more than 900 points today.
The index was at 29505 and saw a sharp rise in the opening hours of the trading, but later dropped to 29460. Meanwhile, the Pakistan Stock Exchange yesterday continued with a bullish trend for the second consecutive day and the KSE 100 index closed at 29,505.57 points with a positive change of 273.94 points.
The first trading day of this week saw the stock market plunge due to the worsening economic conditions. The benchmark KSE 100 index declined by 86.18 points (0.31%) and closed at 28,038.39 points.
The bourse observed a downward trajectory in the early hours of trading and dropped over 257 points by noon. The indices dropped below the 28,000 level during intra-day trading before gaining momentum.
Read more: PSX loses momentum as KSE 100 index retains minuscule gains
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