PSX edges up amid ME tensions
The Pakistan Stock Exchange (PSX) saw a modest weekly gain of 0.22% as investor sentiment improved ahead of the UN General Assembly session. Despite geopolitical tensions in the Middle East and a negative start to the week, the market consolidated near the 170,000-point mark.
Why it matters
The performance of the PSX reflects broader economic stability in Pakistan amidst regional geopolitical volatility and ongoing trade deficit challenges.
--> Home Business PSX edges up amid ME tensions KSE-100 index gains 0.22% as diplomatic hopes lift sentiment in the end
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> KARACHI: The KSE-100 index gained 0.22% week-on-week to close at 170,885 points at the Pakistan Stock Exchange (PSX) as geopolitical tensions kept the market under pressure for most of the week before expectations of diplomatic engagements ahead of the UN General Assembly session lifted investor sentiment.
On a day-on-day basis, g, which ed almost the whole week, swayed on Monday, and the PSX witnessed a negative session. The KSE-100 declined 2,541 points (-1.49%) to close at 167,971.
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