KARACHI (Dunya News) – Pakistan Stock Exchange (PSX) maintained its bullish trend on Wednesday as investor confidence has boosted following an ease in US-Iran tensions.
During intraday trading, the KSE-100 index gained 1,177.84 points to reach 188,078.57 points marking a positive change of 0.63 percent compared to previous close of 186,900.73 points.
Earlier, Iranian President Masoud Pezeshkian confirmed that he had ordered the start of talks with the United States, provided they were free of threats, after his counterpart Donald Trump suggested "bad things" would happen without a deal.
In previous session, the benchmark KSE-100 Index witnessed bullish trend, gaining 1,842.91 points, a positive change of 1.00 percent, to close at 186,900.74 points compared to 185,057.83 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 848.559 million shares with a traded value of Rs 50.025 billion, against 740.092 million shares valuing Rs 42.204 billion in the previous session. Market capitalization increased to Rs 21.149 trillion from Rs 20.969 trillion a day earlier.
Out of 486 active companies in the ready market, 294 advanced, 145 declined, while 47 remained unchanged.