PSX reclaims 189,000 mark amid optimistic market sentiment
Business
PSX regained the 189,000 points mark on Tuesday, with the KSE-100 Index rising by 800 points. Despite reaching a high of 191,032 points earlier, it closed at 188,587 points, down by 579 points.
KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) on Tuesday regained the 189,000 points mark amid modest trading activities.
During intraday trading, the KSE-100 Index surged by over 800 points, reaching 189,434 points, signaling a positive outlook.
This follows a strong performance on the previous day, when the market experienced an extraordinary gain of over 1,800 points, pushing the benchmark index to an all-time high of 191,032 points.
However, the momentum was short-lived, as the market saw a sudden decline during the latter part of the trading session.
By the end of the day, the index closed at 188,587 points, down by 579 points from the peak.
