Daily Sentiment Analyzer - 23rd June 2022
Pakistan Stock Exchange (PSX) on the fourth trading day of this week depicted a positive trend on the back of progress on FY23 budget and KSE 100 Index climbed +258.83 points to close the benchmark index at 42,716.97
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The sentiment indicator depicts bullish and bearish sentiment in the Pakistan Stock Exchange (PSX), where the KSE100 Index currently operates under a Neutral sentiment, where 73% are under the short-term bullish sentiment and 27% of stocks are under a short-term bearish sentiment.
Meanwhile, 15% of stocks are operating under a long-term bullish sentiment and 85% of stocks are operating under a long-term bearish sentiment.
Power sector stayed in the limelight today, namely both NCPL and NPL closed at upper circuit. Overall positive sentiment prevailed in stock market and 348 million shares traded in KSE All Share Index today, where CNERGY,PRL,KEL and UNITY remained among the top volume leaders.
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