Pakistan’s benchmark KSE-100 Index climbed 7,477 points during the business week, while market capitalisation increased by Rs520 billion to reach Rs18.909 trillion.
ISLAMABAD: The Pakistan Stock Exchange (PSX) recorded a strong performance during the business week, with its benchmark KSE-100 Index gaining 7,477 points to close at 173,886 points, according to the weekly market update released on Saturday.
The index maintained an overall positive trajectory despite considerable fluctuations in trading, reflecting strong activity in the equity market.
According to the weekly figures, the KSE-100 Index moved within a range of 9,614 points during the week. It touched an intraday high of 176,604 points, while its lowest level stood at 166,989 points.
The weekly gain of 7,477 points highlighted the market’s positive performance, with the benchmark index recovering from lower levels and closing the week significantly higher.
Trading activity also remained robust, with a total of 4.28 billion shares changing hands during the business week. The overall value of transactions reached Rs142 billion, indicating substantial trading activity among investors.
The market’s total capitalisation also registered a notable increase, rising by Rs520 billion during the week to reach Rs18.909 trillion.
The increase in market capitalisation, alongside the benchmark index’s gains and strong trading volumes, reflected an overall improvement in the stock market’s performance during the period.
Despite the volatility and wide fluctuations recorded during the week, the market managed to maintain its positive momentum and finish with substantial gains.
The weekly performance provided a snapshot of continued activity in Pakistan’s equity market, with the KSE-100 Index closing above the 173,000-point mark.
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