Karachi: Pakistan Stock Exchange (PSX) is witnessing a mixed trend on the first day of the trading week, however, overall positive developments were seen in the market.

The 100 index recorded a rise of 369 points during trading, after which the index reached 146,861 points.

The 100 index also reached a high of 147,171 points during trading today, which is a reflection of improved investor confidence.

Last week ended on a negative trend
It should be remembered that the market witnessed a downturn on the last trading day of last week, and the 100 index closed at 146,491 points.

Analysis
Today’s positive trend in the market is being attributed to investor confidence, possible economic improvement and reform measures. However, investors are also being cautious due to volatility.