Karachi: The Pakistan Stock Exchange (PSX) ended the day with modest gains, as the KSE-100 index closed up by 15 points at 78,863. Despite the slight uptick, the market experienced range-bound activity, with a notable drop in total value traded to US$51.3 million.

According to JS Global, today’s trading volume reached 770 million shares, featuring prominent activity in stocks such as WTL, PACE, KOSM, and DCL. The report anticipates continued range-bound market behavior and recommends investors to seize potential downturns as buying opportunities, particularly in the Cement and Textile sectors.

The market’s cautious stance appears tied to the impending final approval from the IMF Executive Board, which traders are closely monitoring. This anticipation reflects the broader economic pressures facing the region, with market strategists suggesting a strategic approach to investment amidst current financial conditions.