Karachi (Commerce Desk): Trading at the Pakistan Stock Exchange began with a sharp decline but soon shifted into positive territory.
At the start of Thursday’s session, the KSE-100 Index dropped by 3,400 points, falling to 162,411 points. However, the losses later narrowed, with the index standing at 164,399 points after a decline of 1,410 points, before gaining upward momentum.
During trading, the market eventually turned positive, with the index rising by 102 points to reach 165,913 points.
It is worth noting that the market had also witnessed an extraordinary surge a day earlier, when the index jumped by 12,920 points, leading to a temporary suspension of trading.
According to experts, the improving trend is linked to positive developments in global markets following the ceasefire between the United States and Iran, which has also impacted the local stock market.
