PSX edges higher after volatile start as selling p...

Summary

• The marginal increase reflected a tentative recovery as investors remained cautious amid selling pressure in key sectors.
• Selling in these sectors kept the benchmark under pressure and offset gains in other parts of the market.
• The KSE-100 Index’s slight increase kept the market in positive territory, but persistent selling in key sectors prevented a more convincing recovery.

AI Generated Summary

The Pakistan Stock Exchange (PSX) witnessed a cautious and volatile session on Monday, with the benchmark index opening on a weak note before recovering slightly to enter positive territory. Persistent selling across major sectors continued to weigh on market sentiment, limiting the overall gains.

The benchmark KSE-100 Index stood at 166,453.27 points, gaining 33.56 points, or 0.02%, from the previous close of 166,419.71 points. The marginal increase reflected a tentative recovery as investors remained cautious amid selling pressure in key sectors.