KSE-100 Index Rises Due to Positive Sentiment

Sentiment aided the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining almost 400 points during intraday trading on Monday.

At 11:30 a.m., the benchmark index was at 45,677.03, up 364.38 points or 0.8%.

During the preceding week, the market remained under significant pressure and saw a precipitous decrease due to heavy selling on concerns about the rupee’s depreciation and potential interest rate hikes.

The benchmark KSE-100 index fell by 2,358.56 points week on week to conclude at 45,312.66 points.

Sentiment aided the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining almost 400 points during intraday trading on Monday.

At 11:30 a.m., the benchmark index was at 45,677.03, up 364.38 points or 0.8%.

During the preceding week, the market remained under significant pressure and saw a precipitous decrease due to heavy selling on concerns about the rupee’s depreciation and potential interest rate hikes.

The benchmark KSE-100 index fell by 2,358.56 points week on week to conclude at 45,312.66 points.

The post KSE-100 Index Rises Due to Positive Sentiment appeared first on Economy.pk.