Pakistan Stock Exchange
The Pakistan Stock Exchange encountered a negative kickoff on Tuesday, registering a loss of 80 points in the opening session. This downturn resulted in the 100 index sliding to 64,100 points.
In contrast, the previous day had seen a notable upswing in stock values as trading commenced, with the market surpassing the 65,000-point threshold. However, the optimism was short-lived, as the market witnessed a reversal, shedding 227 points by the close of the day and settling at 64,237 points.
Stock Market Welcomes New Year With Over 1500 Points Increase On Monday Morning
Meanwhile, Pakistan Stock Exchange welcomed the new year with bullish sentiment and the KSE-100 index surged by another 1600 points on Monday morning.
The KSE-100 index settled above 64,000 points within an hour after the market started its first trading day of the New Year. At 10:15 am, the benchmark index stood at 64,031 points with a gain of 1580 points or 2.53 percent.
The KSE-100 index recorded 64,064 points high and 62,672 points low levels on Monday morning. The market traded 79.026 million shares involving an amount of 62.451 billion rupees.
Earlier, the shares at the Pakistan Stock Exchange soared past 1,000 points on Monday during intraday trading in the first session of 2024.
The KSE-100 index hit 63,935.56 points at 10am, up 1484.52 points or 2.38 per cent from the previous close of 62,451.04 points.
