Mixed activity on the PSX amid cautious trading

Investor caution on the final day of the business week appears to have contributed to Friday’s uneven trading activity on the Pakistan Stock Exchange (PSX).

Due to investors’ wait-and-see strategy ahead of the weekend, the index is currently at 185,594.71 points, up 51.70 points or 0.03%.

Throughout the session, the market fluctuated between a high of 186,180.32 points and a low of 184,987.26 points, indicating a range of investor mood.

There was only a minor shift in overall performance as the previous closing was reported at 185,543.01.

According to PSX data, the benchmark KSE-100 index ended the previous session in a bearish position after dropping 975.70 points, or 0.52 percent, to settle at 185,543.01 points from 186,518.72 points the day before.

In comparison to 1,329.490 million shares worth Rs 86.587 billion in the previous session, the ready market saw 1,433.986 million shares traded during the session, with a transaction value of Rs 91.336 billion.

209 of the 481 active companies in the ready market advanced, 245 dropped, and 27 stayed the same.