Selective buying in banking and energy stocks lifts market amid cautious investor sentiment.
Image: Reuters
The Pakistan Stock Exchange (PSX) showed renewed bullish momentum on Thursday, with the benchmark KSE-100 Index trading in positive territory during midday.
The index stood at 169,794 points, up 367 points or 0.22%, driven by selective buying in key sectors including banking and oil and gas.
Market activity remained mixed, with 175 stocks advancing, 240 declining, and 147 unchanged, while trading volumes reached 63.2 million shares.
Analysts said the gains were supported by expectations of stable macroeconomic indicators and improved corporate earnings outlook, though investors remained cautious ahead of key data releases and global economic cues.
