PSX closes in green with gain of 56.24 points

KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index saw a modest gain of 0.08% on Thursday, as it rose by 56.24 points to close at 72,658.05.

Despite the increase, the day’s trading session was marked by considerable volatility, with the market reaching a high of 72,889.78 and a low of 72,325.34.

The day began with positive sentiment, as the KSE-100 index surged by 286 points to a high of 72,888. Investors appeared optimistic in the early hours of trading, responding to encouraging market signals.

However, the upward momentum proved short-lived, with a shift in direction as the session progressed. This downturn led the index to a low of 72,325.34 before recovering to close with a modest gain.

The fluctuations in the PSX on Thursday followed a similar pattern seen on Wednesday, when the benchmark index ended the session at 72,601.81.

The mixed performance over the two days reflects broader market uncertainties, with investors keeping a cautious eye on both local and global economic trends.

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