{"id":22079,"date":"2024-01-05T12:14:33","date_gmt":"2024-01-05T07:14:33","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=22079"},"modified":"2024-01-05T12:14:33","modified_gmt":"2024-01-05T07:14:33","slug":"the-stock-market-maintains-its-upward-trend-despite-volatility","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/the-stock-market-maintains-its-upward-trend-despite-volatility\/","title":{"rendered":"The stock market maintains its upward trend despite volatility"},"content":{"rendered":"<p>KARACHI: The stock market has exhibited early-day volatility in line with the previous trend since the start of this week&#8217;s trading on Tuesday.<\/p>\n<p>The Pakistan Stock Exchange (PSX) has shown a range of results throughout the week, with a positive finish for the majority of it.<\/p>\n<p>Read More:\u00a0<em><strong><a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/psx-sees-biggest-single-day-decline.html\">PSX sees biggest single-day decline<\/a><\/strong><\/em><\/p>\n<p>The benchmark KSE-100 index had a good start to the day on Friday with a gradual hike, but it soon posted steep gains and steep losses. After opening at 64,639.15 points, the index showed a 185-point gain by 11 AM, hovering at 64,824.47 points. This occurred after the stock market reached its morning&#8217;s high of 64,609.31 points.<\/p>\n<p>The energy sector accounted for the majority of the stocks that led the green movement, but the index&#8217;s growth was not sector-specific.<\/p>\n<p>Read More:<strong><em>\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/psx-is-at-last-beginning-to-bounce-back.html\">PSX is at last beginning to bounce back<\/a><\/em><\/strong><\/p>\n<p>The forex and rupee&#8217;s stability, the impending big earnings announcements that are anticipated for the coming week, and possible good news from the IMF&#8217;s tranche review in January are all fueling investor speculation and making traders in the market more hopeful but less certain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The stock market has exhibited early-day volatility in line with the previous trend since the start of this week&#8217;s trading on Tuesday. The Pakistan Stock Exchange (PSX) has shown a range of results throughout the week, with a positive finish for the majority of it. Read More:\u00a0PSX sees biggest single-day decline The benchmark KSE-100 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":22080,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,9,21,2],"tags":[3460,3461,10335],"class_list":["post-22079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest-news","category-news","category-pakistan","tag-pakistan-stock-exchange","tag-psx","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/22079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=22079"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/22079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/22080"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=22079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=22079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=22079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}