Islamabad, Jan 6: The Pakistan Stock Exchange (PSX) witnessed fluctuations today after briefly surpassing the 118,000-point mark, reaching a historic high of 118,540 points before dipping into negative territory. The trading session began with a positive momentum, with the KSE-100 Index rising by 950 points. However, this rally was short-lived as the market reversed its gains and ended the day at 117,515.54, down by 71.44 points (-0.06%) from the previous close of 117,586.98.
Key metrics from today’s session:
- Volume Traded: 113.2 million shares
- 1-Year Change: 81.80%
- Year-to-Date (YTD) Change: 2.07%
- Day Range: 117,169.91 – 118,735.09
- 52-Week Range: 59,191.86 – 118,735.10
Despite today’s minor dip, the KSE-100 Index’s 81.80% increase over the past year highlights the market’s strong long-term performance. Analysts suggest that today’s decline may reflect short-term profit-taking by investors following the recent rally, contributing to the market’s inherent volatility.
