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KMI-30 Maintains Positive Trend as PSX Investors Stay Active

Web Desk 3 months ago 0

The KMI-30 index at the Pakistan Stock Exchange continued its upward journey on Tuesday, closing at 256,899 points after gaining 1,456 points during the trading session.

The index fluctuated between 253,265 and 257,564 as investors remained selective in their stock picking. Despite some selling pressure in fertilizer and pharmaceutical stocks, overall sentiment stayed positive.

Cement and energy sector stocks led the rally, with Lucky Cement and OGDC among the strongest performers. Banking and fertilizer stocks showed mixed movement, reflecting cautious trading behavior.

According to market observers, Shariah-compliant stocks are gaining renewed attention due to stable earnings prospects and improved market liquidity.

They noted that while short-term volatility is expected, long-term investors remain confident in the Islamic equity market.

As the PSX continues to show resilience, the KMI-30 index is expected to remain under close watch in upcoming sessions.

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