” Stock market fluctuates, but stays green ” | NewsPKOnline

KARACHI: The Pakistan Stock Exchange (PSX) has been posting a robust recovery for almost two weeks. Except sporadic downturns in the past fortnight, the index has been staying positive. Since Monday, the benchmark KSE-100 index had been posting moderate but consistent gains as well.

However, yesterday (Wednesday), the index closed with 86 points loss. Today (Thursday), the market opened at 63,219.09 points and was hovering around 63,744.66c points by 11 AM, showing gains of 63,744.66 points.

Stock market maintains moderate strength

Early in the morning, the index showed a quick decline, but then quickly recovered the losses and continued with slow but steady gains. The fluctuation in the index came from multiple sectors showing an overall market momentum.

After several days, yesterday the top leaders in both the hike and decline were sectors other than the energy and E&P segments. This marked a positive movement for the index, showing a wider recovery.

The market snapshot at approximately 11 AM looked like this: