The Pakistan Stock Exchange (PSX) behaved mixed on Friday on the back of record revenue collection of Rs1,395 billion during the first quarter of 2021-22, despite a decline of $251.8 million in national foreign reserves and increase in oil and gas prices, with the benchmark KSE-100 Index shedding 27.9 points (-0.06 percent) to close at 44,871.7 points.
The market opened on a negative note and switched between red and green zones throughout the session.
However, the last couple of hours trading helped the index recover most of the losses after the index shed 300 points.
The KSE-100 Index moved in a range of 403.6 points, showing an intraday high of 45,0003.2 points and a low of 44,599.6 points.—TLTP