The Pakistan Stock Exchange (PSX) posted modest gains on Friday as investors traded cautiously, with the benchmark KSE-100 Index rising by 75.88 points during intraday trading.

The index reached 167,269.31 points, up 0.05 percent from the previous close of 167,193.43 points.

In the previous session, the benchmark had gained 1,456.68 points, or 0.88 percent, to close at 167,193.44 points, compared with 165,736.76 points in the preceding session.

Trading Volume and Value Increase

Trading activity also picked up in the ready market. A total of 816.834 million shares changed hands, compared with 578.124 million shares in the previous session.

The value of traded shares rose to Rs31.541 billion from Rs26.203 billion.

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Market capitalisation increased to Rs18.492 trillion, up from Rs18.329 trillion recorded a day earlier.

Market Performance Remains Mixed

Of the 499 companies traded in the ready market, 232 closed higher and 232 recorded losses. The remaining 35 companies ended the session unchanged.

The figures reflected a mixed market, despite the benchmark index’s modest advance.