PSX Shows Slight Uptick; Investors Hold Back Awaiting Economic Signals

PSX Shows Slight Uptick; Investors Hold Back Awaiting Economic Signals

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KARACHI: The Pakistan Stock Exchange remained volatile on Tuesday as investor sentiment remained cautious despite mixed signals. The benchmark PSX-100 index rose 131 points to 162,934 points during midday trading. During the session, the index fluctuated between a low of 162,238 and a high of 163,384, highlighting the market’s indecisiveness.

The index ended the previous trading day at 162,803 points, meaning today’s slight upward move indicates that where there is selective interest, investors are mostly in a holding pattern. Market analysts believe traders are waiting for clear economic indicators and policy developments before taking firm positions.

While overall trading activity remains subdued, some confidence remains in several blue-chip stocks, helping to maintain a relatively stable trading environment. The day’s movement reflects a market that is cautious but not overly bearish — waiting for the next catalyst to determine direction.

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