Karachi: The Pakistan Stock Exchange (PSX) witnessed a mixed trend on the third day of the trading week, however, the market took a positive direction in the closing moments.
During trading, the 100 index of the stock market recorded an increase of 443 points, after which the index reached the level of 166,617 points.
During trading, the index touched a high of 166,947 points and a low of 165,241 points.
It should be noted that at the end of trading yesterday, the 100 index closed at 166,173 points.
Economists say that investors are currently investing in the banking, energy and construction sectors, as the government’s possible reduction in interest rates and reduction in uncertainty seem to be restoring confidence in the market.
According to experts, if this trend continues, further improvements may be seen in the stock market in the coming days, however, it is important to monitor oil prices in the global market and local inflation trends.
