PSX KSE-100 Index closes up 574 points to finish week at 177,166
At a glance
- KSE-100 Index closed at 177,166 points on Friday.
- The index gained 574 points during the final session of the week.
- Total trade volume reached 685.9 million shares, valued at Rs 35 billion.
Story so far
The Pakistan Stock Exchange saw a strong rally on Friday. After a volatile session on Thursday, the KSE-100 Index opened with significant gains, surging over 900 points in early trading. The positive momentum continued throughout the day, with the index ultimately closing at 177,166 points, a gain of 574 points for the session. The rally was attributed to renewed investor confidence, driven by buying at lower levels and positive news regarding refinery upgrades.
Latest development
The KSE-100 Index closed at 177,166 points on Friday, marking a gain of 574 points for the day and concluding the business week on a positive trend.
Latest updates
The Pakistan Stock Exchange (PSX) concluded the business week on a positive note, with the benchmark KSE-100 Index gaining 574 points to close at 177,166 on Friday.
During the day's trading, the index reached a high of 177,583 and a low of 176,110. A total of 685.9 million shares, valued at Rs 35 billion, were traded across 565 companies. The market saw 246 companies advance in price while 216 declined.
Market analysts suggested that buying activity at lower price levels following recent dips, along with positive sentiment from refinery upgrade agreements, contributed to the renewed investor confidence.
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