Staff Reporter
Karachi
The Pakistan Stock Exchange (PSX) had a range bound trading session on Thursday because of the absence of positive triggers and the KSE-100 index managed to climb a marginal 20 points. The index sustained the upward momentum and remained positive for the fourth successive day.
As trading began, the index climbed over 350 points in the first few hours, however, lack of positive news flow erased the gains and the market traded on a flat note after midday. Later, the bullish momentum built up again but weak investor sentiment eroded the gains for the second time and the index ended the day marginally higher. At close, the benchmark KSE-100 index recorded an increase of 20.34 points, or 0.05%, to settle at 42,047.72 points.
