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Categories: BusinessNewsPakistan

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

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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.

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