Karachi:Trading on the Pakistan Stock Exchange started on a positive note today, but due to the cautious attitude of investors during the day, the market showed a mixed trend. At the end of the trading day, the benchmark 100 index closed at 117,806 points, up 34 points.
During the trading activity, the 100 index remained in the band of 595 points, where the market witnessed volatility. There was activity in the buying and selling of shares throughout the day, and a total of 32.99 crore shares worth Rs19 billion were traded.
The overall market value also showed improvement, and the market capitalization increased by Rs10 billion to Rs14,374 billion. At the end of trading yesterday, the 100 index had closed at 1,17,772 points, compared to which there was a slight improvement today.
Experts say that the cautious attitude of investors, the economic situation and global financial conditions are affecting the performance of the stock market. More volatility is expected in the market in the coming days, while investors are also keeping an eye on government policies and the direction of the global economy.
PSX 100 Index closed 34 points higher.
Related News
Pakistan Observer is a trusted digital news platform delivering fast, accurate, and unbiased updates on national news, business, and forex rates.