The Pakistan Stock Exchange (PSX) posted a strong recovery during the week and throughout May, supported by prospects of a possible Iran-US agreement and a decline in global oil prices.
Trading took place on only two days this week owing to the Eid-ul-Azha holidays. During the two trading sessions, the PSX gained 6,118 points, with the benchmark KSE-100 Index closing at 173,963 points.
A total of 1.061 billion shares changed hands during the two sessions. The investors have recorded gains of Rs550 billion during the week's trading.
The total market capitalisation rose to Rs19.166 trillion by the end of the week. During May, the benchmark index recorded a significant increase of 10,969 points.
Market capitalisation also increased by Rs1.144 trillion during the month of May.
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