SectorsNeutral · WatchBusiness Recorder

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.

Full article on Business Recorder

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PSX: Benchmark index gains over 1,100 points in early trade — Banks, Oil & Gas, Cement, Automobile, Markets | Shariah PSX

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

MEBL · WatchMCB · WatchUBL · WatchHBL · WatchBAHL · WatchFABL · Watch

Companies Mentioned

  • · Neutral effect · Watch
  • · Neutral effect · Watch
  • · Neutral effect · Watch
  • · Neutral effect · Watch
  • · Neutral effect · Watch
  • · Neutral effect · Watch

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 Recorder

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.

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