KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) rebounded on Thursday after it recorded a massive dip in previous sessions due to selling pressure.
During intraday trading, the KSE-100 index gained 822.57 points to reach 159,287.62 points, marking a positive change of 0.52 percent compared to previous close of 158,465.05 points.
The market's rebound came as investor sentiment improved, with buying activity picking up across key sectors.
Analysts attributed the recovery to positive economic signals and investor confidence, despite recent volatility.
A day earlier, the 100-index witnessed a bearish trend on Wednesday, losing 1,635.97 points, showing a negative change of 1.02 percent, closing at 158,465.06 points against 160,101.03 points on the previous trading day.
As many as 478 companies transacted shares in the ready market; 123 recorded gains, 314 sustained losses, while 41 remained unchanged.
The overall trading volume in the ready market stood at 951.84 million shares compared to 1,018.74 million shares a day earlier, while the traded value increased to Rs41.31 billion from Rs36.94 billion. Market capitalization declined to Rs18.27 trillion from Rs18.46 trillion.