PSX: Benchmark index gains over 1,100 points in early trade
Buying momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 1,100 points during the opening minutes of trading on Thursday.
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Desk Analysis
How This Affects the Exchange
Sector Effect
Neutral · Watch
Mixed or limited directional signal for Banks, Oil & Gas, Cement on the PSX.
Sectors & Direction
Desk read
Desk call: Watch · Neutral effect
- BanksNeutral effect
- Oil & GasNeutral effect
- CementNeutral effect
- AutomobileNeutral effect
- MarketsNeutral effect
Companies
Mentions in This Briefing
Sectors: Banks, Oil & Gas, Cement, Automobile, Markets — Neutral · Watch. PSX tickers: MEBL, MCB, UBL, HBL, BAHL, FABL. Mixed or limited directional signal for Banks, Oil & Gas, Cement on the PSX.
Full Story
Open on Business RecorderBuying momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 1,100 points during the opening minutes of trading on Thursday.
At 9:40am, the benchmark index was hovering at 178,533.76, up by 1,163.06 points or 0.66%.
Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, oil
Source: Business Recorder — https://www.brecorder.com/news/40436639/psx-benchmark-index-gains-over-1100-points-in-early-trade