PSX experienced a notable rebound on Wednesday, with the KSE-100 index rising by more than 900 points to reach 189,183. This recovery follows a series of declines in recent sessions.
Market Performance and Trading Activity
During intraday trading, the KSE-100 index advanced significantly from its previous close of 188,202.85 points. The ready market recorded a trading volume of 749.247 million shares, with a total traded value of Rs 53.061 billion. This was slightly lower compared to the previous session’s volume of 870.446 million shares and value of Rs 57.197 billion.
Market Breadth
- Out of 486 active companies, 160 stocks showed gains.
- 278 stocks declined during the session.
- 48 stocks remained unchanged.
Investor Sentiment Amid Monetary Policy
Investor caution remains high following the State Bank of Pakistan’s decision to keep the policy rate steady at 10.5%. This move has contributed to uncertainty regarding the future direction of monetary policy amid ongoing economic challenges.
Previous Session Recap
In the prior session, the benchmark index had continued its downward trend, losing 384.80 points or 0.20 percent to close at 188,202.86 points, down from 188,587.66 points on the day before.
