PSX has a volatile session but ends the pre-budget session in the green.
The Pakistan Stock Exchange (PSX) experienced a volatile pre-budget session, but it managed to close in the green as investors awaited Finance Minister Miftah Ismail’s speech.
The benchmark KSE-100 index began in the red but quickly moved into the green zone. Following the market’s resumption of operations in the second session, the investment climate remained upbeat in anticipation of a “progressive and business-friendly” budget.
The benchmark KSE-100 index closed at 42,014.73, down 2.78 points or 0.67 percent.
During the session, 315 companies’ shares were traded. At the close of trading, 185 stocks were in the green, 99 were in the red, and 31 were unchanged.
Overall trading volumes increased to 115.87 million.
TPL Properties had the most shares traded (12.01 million), losing Rs0.16 to close at Rs19.38. G3 Technologies came in second with 10.43 million shares traded, gaining Rs0.31 to close at Rs9.43, and Lotte Chemical Pakistan came in third with 7.33 million shares traded, gaining Rs1.24 to close at Rs24.30.