Pakistan Stock Exchange (PSX) on Wednesday witnessed a positive trend as KSE-100 Index gained more than 900 points amid some positive indicators, reported 24NewsHD TV channel.
At the end of the day, the benchmark index had reached 119,931.33, mark with an increase of 960.33 points or 0.62%.
Key sectors such as commercial banks, oil and gas exploration companies, and power generation saw positive movement, with major stocks including HUBCO, NRL, PSO, and OGDC trading in the green.
This uptick follows a negative session on Tuesday, where the KSE-100 Index fell by 700 points amid concerns over the upcoming budget for the fiscal year 2025-26.
An economic expert said that the stock market showed positive momentum after some improved economic indicators, and easing regional tensions, all contributing to investor confidence across multiple sectors
Overall, the market sentiment appears to be shifting positively with hopes of continued upward momentum in the coming days.
On Tuesday, the index dipped to 118,971 and lost 718 points due to investors' cautious approach ahead of the budget.
Reporter: Kawish Memon