PSX surpasses 110,000 points after bulls, bears play hide and seek

After a historic period of prolonged and continuous bull rule on the Pakistan Stock Exchange (PSX), the stock market witnessed selling pressure, leading the benchmark KSE-100 index to over 1,000 points during the early hours. More was lacking. Trading at the beginning of the week. Shortly after the selling pressure ended, the bulls returned to the market, with the KSE-100 index gaining more than 750 points.. Initially, selling in key sectors including commercial banks, oil and gas exploration companies, OMCs and power generation appeared to be a frenzy. Index heavy stocks traded in the red, including OGDC, PPL, SSGC, SGNP, HBL, MCB, MEBL, NBP and UBL. According to market experts, the reason for the sudden downturn in the market is to resolve the pending Advances to Deposit Ratio (ADR) issue in the banking sector.