Bulls maintain momentum at Pakistan Stock Exchange – SUCH TV

The Pakistan Stock Exchange (PSX) continued its bullish momentum on Friday, supported by growing investor confidence and a favourable macroeconomic outlook. During intraday trading, the benchmark KSE-100 index rose by 543.53 points, or 0.37%, reaching 146,190.66 points.

So far, 472 companies’ shares have been traded, with 211 seeing gains, 240 recording losses, and 21 remaining unchanged.

Investor sentiment remained positive, buoyed by strong macroeconomic indicators, ongoing policy reforms, and solid quarterly earnings reports.

This followed a similar upward trend on Thursday, when the index climbed 558.64 points — an increase of 0.39% — closing at 145,647.14 points.

On Friday, trading volume stood at 712.5 million shares, slightly lower than the previous session’s 788.4 million.

However, the total value of shares traded rose to Rs 55.67 billion, up from Rs 52.78 billion the day before.

As many as 483 companies transacted their shares in the stock market, 221 of them recorded gains and 235 sustained losses, whereas the share price of 27 companies remained unchanged.

The federal government’s decision to withdraw the controversial powers granted to the Federal Board of Revenue for arrest of traders has boosted the confidence of the business community.

Section 37A of the Finance Act has been amended, and now, no trader can be arrested without prior consultation with business stakeholders.