Advertisement
Categories: BusinessNewsPakistan

PSX Bounces Back as KSE-100 Surges Nearly 1,600 Points

Advertisement

Investor sentiment turned noticeably positive during Tuesday’s session, with the Pakistan Stock Exchange (PSX) staging a strong rebound after volatility a day ago.

Encouraged by a calmer geopolitical backdrop, market participants actively accumulated stocks from the opening bell, pushing the benchmark index sharply higher. As of 1:44pm, the benchmark KSE-100 Index was trading at 170,574.78 with a substantial gain of 1,621.08 points, or 0.96%.

An hourly review of market activity from 9:34am to 12:49pm shows the Index gradually surrendering a portion of its early gains as investors engaged in profit-taking following the strong opening surge.

Despite the moderation in momentum, the index remained firmly in positive territory throughout the period, indicating that buying interest continued to absorb selling pressure. The ability of the market to hold onto most of its advance reflected sustained investor confidence and broad-based support across key sectors.

Advertisement
News Desk

Recent Posts

Jeff Bezos & Lauren Sanchez Celebrate First Year Together

Jeff Bezos and Lauren Sánchez Bezos marked their first wedding anniversary on June 27 by…

54 minutes ago

Ex-FBI Agent Claims Nancy Guthrie Dead Amid Dark Ransom Note Secret

Nancy Guthrie's case has puzzled investigators since its inception. Her presumed kidnapper(s) have continued to…

2 hours ago

MSC Loreto Arrives at Karachi Port, Milestone for Global Trade Integration

MSC Loreto, one of the world's largest container ships, docked at Karachi Port on Sunday.…

2 hours ago

Putin Acknowledges Ukrainian Strikes Creating Problems for Russia

Russian President Vladimir Putin acknowledged on Sunday that Ukrainian strikes were causing problems for Russia.…

3 hours ago

Duke of Kent Surprises Fans at Wimbledon in 2026 Public Appearance

Prince Edward, Duke of Kent, made headlines on June 29 when he was spotted with…

3 hours ago

Miley Cyrus Family Tension Escalates Over Trace’s Claims Against Sister Brandi

Trace Cyrus has accused his sister Brandi Cyrus of poor living conditions in their shared…

4 hours ago