Tuesday April 12, 2022

Bullish Trend Prevails At PSX

KARACHI: The bulls held on to their positions for the third consecutive session at the Pakistan Stock Exchange (PSX) on Tuesday and helped keep the benchmark KSE-100 index in the positive zone.

Political stability that emerged after newly elected Prime Minister Shehbaz Sharif took charge coupled appreciation of Pakistani rupee against the US dollar aided the rise of the bourse.

The KSE-100 index oscillated between red and green zones as investors awaited corporate results for the quarter ended March 31, 2022 in certain sectors.

Today, the benchmark KSE-100 index edged up 262.30 points, or 0.57%, to close at 46,407.26 points.

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