The Pakistan Stock Exchange (PSX) saw a groundbreaking rally on Thursday, pushing the KSE-100 Index to a record 113,481 points. This surge of 2,671 points over the previous close of 110,810 points marks a significant milestone for Pakistan’s financial markets. The PSX rally demonstrates the market’s strength and investor confidence.
Intraday Performance
By 11:15 AM, the KSE-100 had gained 1,907 points, or 1.72%, reaching 112,717 points. Trading volume was high, with 488.97 million shares traded, totaling Rs. 26.97 billion.
Market Breadth and Key Players
424 companies traded on the exchange:
- 301 companies saw gains
- 111 companies posted losses
- 12 companies had unchanged share prices
Key contributors to the PSX rally included WTL, CNERGY, LOTCHEM, PIBTL, and KEL.
Top-Traded Stocks
| Scrip | Price (Rs.) | Volume |
|---|---|---|
| WTL | 1.70 | 38,556,810 |
| CNERGY | 7.23 | 31,612,940 |
| LOTCHEM | 23.59 | 28,980,117 |
| PIBTL | 8.42 | 28,858,270 |
| KEL | 6.37 | 27,176,696 |
Other notable stocks included SSGC and FFL, with significant activity.
Market Sentiment
The PSX rally reflects growing investor confidence, bolstered by positive economic reforms and global market improvements.
