KARACHI:
The Pakistan Stock Exchange (PSX) opened on a firm footing on Monday as the benchmark KSE-100 index gained 942.33 points, or 0.62%, to reach 153,682.70 in early trade against the previous close of 152,740.37.
The market’s early performance reflected renewed buying interest, driving the index higher despite a volatile session.
The benchmark briefly surged to an intra-day high of 157,442.68, signalling aggressive early-session accumulation across key sectors.
However, the index later retreated from its peak, with mild profit-taking emerging near the upper levels. The session’s low stood at 153,382.00, underscoring the choppy but upward-tilted trading pattern.
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Traded volumes remained robust, with 169.65 million shares changing hands, indicating healthy participation and sustained investor engagement.
Market sentiment appeared constructive in the near term, supported by improving risk appetite, though the pullback from the day’s high suggested that resistance may persist around elevated points.
Participants noted that the continuation of strong volumes will be essential to preserve the current upward trajectory and counter any short-term corrective pressure.
