KARACHI: On Friday, the final day of the futures rollover week, the Pakistan Stock Exchange (PSX) recovered and added more than 100 points due to favourable triggers that gave the market direction.The benchmark KSE-100 index opened the day’s trading in the red, but bulls quickly took control of the market, and it closed the day in the green.Numerous favourable developments throughout the day were able to draw in market participants, who took up new positions.The benchmark KSE-100 index increased by 114.81 points or 0.28% to close at 41,128.67.
In its post-market analysis, Arif Habib Limited stated that the market was under pressure all day long as investors actively traded.The brokerage house reported that “the PSX remained slow during the first half but got lively in the second trading session.”Despite the political and economic unrest, it was noted that investors kept a strategic distance. However, rollover week saw significant volumes in futures contracts, which caused the index to end the week in the green.
