Thursday brings much needed positivity for stock market

KARACHI: The stock market maintained a positive momentum through the past week, with momentary downturns. In sum total Pakistan Stock Exchange (PSX) remained poised for growth last week.

However, on Monday the benchmark KSE-100 turned towards deterioration and continued the trend till Thursday morning.

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Today, the index, changed positive and grew 600 points by noon. The index opened at 63,919.84 points and by noon it was seen hovering at 64,524.80 points.

Energy sector remained the primary driver of the downturn during the past few days and also led the growth witnessed today. The fluctuations are most likely caused on the back of another plummeting shock to oil prices in the international market.