The Pakistan Stock Exchange (PSX) staged a strong recovery on Monday as the benchmark KSE-100 index surged by more than 1,000 points during trading, reflecting renewed investor confidence and improved market sentiment. The rally was driven by aggressive buying in key sectors, including banking, cement, oil and gas, and power generation. Market analysts said investors...
Tag: market rally
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PSX surges 4,000 points in intraday trade as bullish momentum returns
The Pakistan Stock Exchange (PSX) witnessed a strong bullish session as the benchmark KSE-100 index surged by more than 4,000 points during intraday trading, reflecting renewed investor confidence in the market. At one stage, the index climbed sharply as buying activity dominated key sectors, including banking, cement, and energy stocks. The upward momentum was supported...
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PSX Dips Slightly as Market Enters Post-Rally Consolidation Phase
The Pakistan Stock Exchange (PSX) witnessed a slight dip as the benchmark KSE-100 index entered a consolidation phase following a historic rally in the previous session. Investors engaged in profit-taking after the market recorded one of its biggest single-day gains, leading to mild downward pressure during trading. The previous session saw the KSE-100 surge by...