The Pakistan Stock Exchange (PSX) showed signs of recovery on Friday, rebounding modestly after facing a steep bearish spell over the past few sessions.

By the time of Friday prayers, the benchmark KSE-100 index had gained 223.62 points, or 0.14%, climbing to 164,754.42 points after briefly touching an intraday low of 162,411.25.

Trading activity remained steady, with total volumes recorded at 884.89 million shares, reflecting consistent investor participation.

Market observers noted that the index largely traded within a narrow band, indicating cautious optimism among investors amid broader economic uncertainty.

On Thursday, the PSX had extended its losing streak as the benchmark index dropped 735.94 points, or 0.45%, closing at 164,530.81 points.

During that session, 1.57 billion shares changed hands — up from 1.27 billion in the previous trading day — while the total value of shares traded stood at Rs50.52 billion, down from Rs61.13 billion a day earlier.

As many as 481 companies transacted their shares in the stock market; of these, 184 recorded gains, 264 sustained losses, and 33 remained unchanged.