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PSX makes history; hits records high volume for the second day in a row
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KSE-100 up 511 points to clock at 56, 812 level
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The capital markets remained positive throughout Wednesday s session as a variety of positive developments increased investors’ risk appetite. AFP/File
The Pakistan Stock Exchange (PSX) on Wednesday recorded an all-time high daily trading volume, with Planning Minister Asad Umar attributing the development to the market reacting to signs of sustained economic recovery.
The capital markets remained positive throughout today s session as a variety of positive developments increased investors’ risk appetite, registered by a record high traded turnover of 1.56 billion shares. New daily traded volume record set on the [PSX]. Today s volume exceeded previous record by 39 per cent, Umar tweeted.
He said it was reflective of the market reacting to signs of sustained recovery and the successful containment of the Covid 3rd wave . though risk still remains .
KSE-100: Stocks extend gains on upbeat economic projections; index up 203 points
May 26, 2021
Bullish momentum continued at Pakistan Stock Exchange (PSX) as stocks extended gains for the third consecutive session on Tuesday, as investors’ sentiments remained upbeat on positive economic indicators.
On Tuesday, the benchmark KSE-100 index clocked at 46,300 index level after gaining about 203 points by the closing bell, as the Index remained positive throughout the session touching an intraday high of 46,371.69 and a low of 46,047.66.
Investors anticipating tax incentives for the industries in the upcoming budget helped the KSE-100 index boost market sentiments, as investors react to the news that the government may be formulating a populist budget proposal to keep the personal income taxes and power tariffs unchanged.
KSE-100: Stocks plunge as political worries weigh heavy
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