PSX sees strong buy-in as KSE-100 Index surges over 1,100 points
Buying momentum continued at the Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 Index surging over 1,100 points in the early minutes of trading.
By 10:20am, the index stood at 137,481.74, reflecting an increase of 1,101.78 points, or 0.81%.
Strong buying activity was noted across key sectors, including automobile assemblers, cement, fertilizers, oil and gas exploration, OMCs, power generation, and refineries. Several index-heavy stocks, such as ARL, HUBCO, PSO, SNGPL, MARI, OGDC, POL, UBL, and NBP, were all trading in positive territory.
On Wednesday, the PSX maintained its upward trajectory, with investors engaging in selective profit-taking while continuing to show interest in key growth sectors.
The KSE-100 Index rose by 440 points, or 0.32%, closing at 136,380 points, up from its previous close of 135,939.87 points.
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