The Pakistan Stock Exchange (PSX) witnessed subdued trading activity on Friday as investors adopted a cautious approach on the final business day of the week.
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During intraday trade, the benchmark KSE-100 Index touched a high of 163,357.51 points and a low of 162,695.56. The index is currently positioned at 162,861.75 points, reflecting a slight decline of 75.18 points, or 0.05%, from the previous close of 162,936.93.
Analysts expect the market to remain volatile as the session advances.
The slower pace comes a day after the KSE-100 recorded strong bullish momentum, gaining 710.66 points — an increase of 0.44% — to close at 162,936.94, up from 162,226.28 a day earlier.
On Thursday, total trading volume in the ready market stood at 725.86 million shares valued at Rs35.31 billion, compared with 1.029 billion shares worth Rs45.17 billion in the prior session. Market capitalisation rose to Rs18.585 trillion from Rs18.483 trillion.
Of the 476 companies that traded, 250 closed higher, 187 declined, and 39 remained unchanged.
