The Pakistan Stock Exchange (PSX) saw a choppy trading session on Monday, with the benchmark KSE-100 Index fluctuating throughout the day before closing marginally higher.
The index opened on a positive note, reaching an intraday high of 122,903.34 points. However, selling pressure during mid-day trading dragged it to a low of 121,889.96. A late-session recovery helped the index pare losses and close in the green.
At close, the KSE-100 settled at 122,225.36, up by 81.79 points or 0.07%.
Buying activity was observed across key sectors including automobile assemblers, commercial banks, oil and gas exploration, oil marketing companies (OMCs), and power generation. Index-heavy stocks such as HUBCO, Mari Petroleum, OGDC, PPL, POL, Fauji Fertilizer Company, UBL, and MCB contributed positively to the index.
Market participants appeared to adopt a cautious approach ahead of the federal budget presentation later this week, with volumes remaining largely concentrated in blue-chip counters.
While geopolitical concerns remain, the early session performance suggests that investors are refocusing on domestic macroeconomic cues and corporate fundamentals to guide trading decisions.
