The Pakistan Stock Exchange (PSX) began the trading week on an optimistic note Monday, tracking gains across Asian markets as improving geopolitical conditions and declining oil prices bolstered investor sentiment. The benchmark KSE-100 Index was recorded at 179,386.94 points by 12:34pm, marking an increase of 464.19 points, or 0.26%, as ongoing trading saw some profit-taking that trimmed earlier advances.
Intraday Performance and Sectoral Buying
Strong buying interest was observed across multiple sectors, including automobile assemblers, cement, chemicals, commercial banking, oil and gas exploration, oil marketing, and refining stocks. The benchmark index touched an intraday high of 180,507.82 points and a low of 179,047.16 points, according to market statistics. Earlier in the session, the index had climbed to 180,347.98 points by 9:34am, gaining 1,425.23 points, or 0.80%, from the previous close of 178,922.75 points.
Trading Volume and Value
Total traded volume during the session stood at 124.13 million shares, while the traded value amounted to Rs11.68 billion. Market participants remained focused on the sustainability of the rally as trading continued, supported by improving regional sentiment and selective sectoral buying. The positive start follows a previous session where the PSX shed nearly 2,500 points on profit-taking.
