Positive Start for Pakistan Stock Exchange on the First Day of Business Week

Karachi:The Pakistan Stock Exchange (PSX) has begun the first trading day of the business week with a positive momentum, rising by 240 points.

Today marks the beginning of the roll-over week, and stock analysts believe that there could be selling pressure in the market. However, significant news for the market includes the IMF’s approval of the government’s plan to eliminate circular debt, which has been positively received.

Stocks in sectors such as oil and gas, cement, automobiles, fertilizers, and refineries are expected to remain in the limelight.

At the close of the last trading session, the stock market ended at 104,442 points.