Stock market expected to turn positive on Tuesday

KARACHI: The Pakistan Stock Exchange (PSX) closed the opening trading day of the week with a 214.97 points. This happened against the initial expectations of continued positivity from last week.

PSX likely bullish on opening trading day of the week

Yesterday, the index opened at 78,045.30 points and initially posting hike, but then turned negative closing the day at 77,830.34 points. Today, again, the benchmark KSE-100 index is expected to show strength due to the overall improving macroeconomic indicators in the country.

With foreign direct investments lining up, improving foreign exchange reserves, and controlled inflation, it is expected that the market sentiment will pick up once again.