December 26, 2022 (MLN): After marking an intraday high of 40,367.43, the benchmark KSE-100 Index has made a notable recovery by around 700 points on Monday during intraday trade.

Currently, the KSE-100 index is being traded at 486.29 (1.23% DoD) as of 12:25pm.

This recovery is primarily attributed to a strong buying activity due to attractive valuations being offered on various stocks.

The market is continuously recovering after observing a decline of 3.95% last week owing to economic and political uncertainty which hit the investors’ confidence.

At this point, oil & gas exploration, commercial banks, and miscellaneous have made the maximum gains.

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Posted on: 2022-12-26T12:29:32+05:00