Friday 6 September 2024

In the last 5 trading sessions, the KSE100 Index has gained a total of 410 points. Here is a snapshot of major gainers and losers.

This week, foreign corporates sold heavily at the PSX, with a net sale of $6.5 million for the week. With today's net selling of over $3.7 million, foreign corporates have become net sellers of a cumulative USD 1.71 million over the last 30 trading sessions.

The local mutual funds on the other hand changed their recent trend and were net buyers of $ 1.2 million. But this net buying was primarily because of their net buying on the last day of this trading week.

The insurance sector also ended the week with a small of net selling. 

It appears the gain of 410 in the KSE100 Index is primarily because of net buying on 'Individuals'.