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PSX Extends Gains as KSE-100 Index Rises 166 Points in Early Trading

The Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday as investors maintained buying interest across the market.

The benchmark KSE-100 Index gained 166.25 points, or 0.10%, to reach 164,633.45 during early trading.

The market opened higher after a strong performance in the previous session. On Tuesday, the index climbed 1,428.73 points, or 0.88%, to close at 164,467.20, according to Business Recorder.

KSE-100 Index Records Intraday Fluctuations

During Wednesday’s early trading, the benchmark index reached an intraday high of 164,918.95 and a low of 164,502.45.

Trading volume stood at 19.23 million shares, while the reported traded value reached Rs1.48 billion.

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The latest gains followed two consecutive sessions of positive performance, indicating continued buying interest among investors.

Oil, Banking and Cement Stocks Support Market

On Tuesday, investors showed interest in several major sectors, including oil and gas marketing companies, commercial banks, refineries, cement firms, and technology and communication stocks.

Buying in these sectors supported the benchmark index’s upward movement during the previous session.

The market also advanced on Monday, when the KSE-100 Index gained 663.59 points following a volatile trading session.

Wednesday’s early gains extended the market’s positive trend, although further trading could change the index’s direction by the close.

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