PSX opens bullish as KSE-100 crosses 140,000 mark
This marks his second US visit in two weeks, with the government signalling that the deal with Washington is near.
The trip comes after Foreign Minister Ishaq Dar said on Friday that the US and Pakistan were "very close" to a trade deal that could come within days, but comments from the US after Dar met with Secretary of State Marco Rubio mentioned no timeline.
Read: Finance minister heads to US to finalise trade deal
During the session, the index touched an intraday high of 140,296.65 and a low of 139,733.06.
Trading volume stood at 47.34 million shares, with a total value of Rs 5.36 billion.
On Monday, PSX closed modestly higher as the benchmark KSE-100 index rose 173 points to close at 139,380.
Investor sentiment was buoyed by optimism ahead of the State Bank of Pakistan's (SBP) monetary policy announcement and the credit rating upgrade, bringing Pakistan's rating to 'B-' with a stable outlook.
Read more: PSX rises modestly but couldn't hold 140k level
Arif Habib Limited (AHL) Deputy Head of Trading Ali Najib remarked that the PSX again attempted to pass the 140,000 mark but in vain, as the KSE-100 index ended the day at 139,380 points.
Overall trading volumes decreased to 589.3 million shares compared with Friday's tally of 634.8 million. Traded value increased to Rs34.6 billion as compared to Rs24.6 billion in the previous session.
Overall, shares of 483 companies were traded. Of these, 251 stocks closed higher, 205 dropped and 27 remained unchanged.
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