KSE-100 Index Rises Due to Positive Sentiment
Sentiment aided the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining almost 400 points during intraday trading on Monday.
At 11:30 a.m., the benchmark index was at 45,677.03, up 364.38 points or 0.8%.
During the preceding week, the market remained under significant pressure and saw a precipitous decrease due to heavy selling on concerns about the rupee's depreciation and potential interest rate hikes.
The benchmark KSE-100 index fell by 2,358.56 points week on week to conclude at 45,312.66 points.
Sentiment aided the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining almost 400 points during intraday trading on Monday.
At 11:30 a.m., the benchmark index was at 45,677.03, up 364.38 points or 0.8%.
During the preceding week, the market remained under significant pressure and saw a precipitous decrease due to heavy selling on concerns about the rupee's depreciation and potential interest rate hikes.
The benchmark KSE-100 index fell by 2,358.56 points week on week to conclude at 45,312.66 points.
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