PSX Ends Flat Despite Hitting Peak at 134k

PSX ends flat despite hitting peak at 134k

Pakistan Stock Exchange (PSX) shot up to a new peak above 134,000 points in intra-day trading on Tuesday, but it could not sustain the momentum and closed almost flat. Investors offloaded their holdings to book profit at sharply higher valuations following a rapid surge of the market over the past few days, when it repeatedly touched new all-time highs. In the morning, the bourse kicked off trading on a positive note, however, it soon plunged to…

KSE-100 Index Stays Flat After Crossing 134,000 Amid Profit-Taking

The KSE-100 Index experienced a volatile trading session on Tuesday, rising above the 134,000 mark before ending flat due to late-session profit-taking. Despite intraday optimism, the Pakistan Stock Exchange (PSX) closed marginally higher, reflecting cautious investor sentiment. Market Swings Between Gains and Losses The day began with selling pressure, pushing the KSE-100 down to an intraday low of 132,696.35. As trading progressed, investor co…

KSE-100 settles flat amid late profit-taking

The Pakistan Stock Exchange (PSX) observed a volatile session on Tuesday, with the benchmark KSE-100 Index swinging both ways before settling flat. Selling pressure was observed in the initial hours of trading, dragging the benchmark index to an intraday low of 132,696.35. Investor sentiments improved as the session continued and the index crossed the 134,000 level, hitting an intra-day high of 134,200.27. However, late profit taking wiped out m…