Bulls return back to the Pakistan Stock Market as KSE-100 index gains over 1600 points in intraday session. The benchmark index of the Pakistan Stock Exchange (PSX) resumed positive trading on Wednesday, one day after the benchmark of major shares saw its largest daily decline. The index lost (-2534.12) points in the previous session.
KSE 100 READY FOR A PULL BACK OR A SMALL CORRECTION?
KSE100
The Benchmark KSE100 Index closed the session Green with index posting an intraday high of 1,838.90 (3.11%) points and an intraday low of -412.49 (-0.70%) points. PKR continues positive momentum and Oil trading right on EMA55 resistance on a daily timeframe.
MARKET FRONT
CFDs on Brent Crude oil posted an intraday high of $80.98 and intraday low of $80.30. Oil is currently trading at $80.36 (4:03pm Wednesday, 27 December 2023 (GMT+5) Time in Pakistan).
CFDs on WTI Crude Oil posted an intraday high of $75.61 and intraday low of $74.98. Oil is currently trading at $75.05 (4:03pm Wednesday, 27 December 2023 (GMT+5) Time in Pakistan).