KSE-100 Index rallies as investors push PSX to fresh heights
KSE-100 Index surges as PSX closes bullish with strong buying spree. File photo
KSE-100 Index surges as PSX closes bullish with strong buying spree. File photo
KARACHI (Suno News): The KSE-100 Index closed bullish at the Pakistan Stock Exchange (PSX) as strong buying lifted the market sharply by 1,495.61 points.

According to PSX data, the benchmark index rose 0.87 percent to settle at 173,896.34 points, up from 172,400.73 points in the previous session, reflecting renewed investor confidence.

Trading activity remained strong as the ready market recorded a volume of 858.054 million shares with a traded value of Rs42.867 billion, compared to 797.999 million shares worth Rs38.062 billion a day earlier.

Market capitalisation also increased, reaching Rs19.590 trillion from Rs19.464 trillion, showing overall improvement in market value.

Out of 485 active companies, 177 shares advanced, 272 declined, while 36 remained unchanged, indicating mixed performance despite the overall bullish close.

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WorldCall Telecom led the volume chart with 52.850 million shares, followed by Dost Steel Limited with 51.360 million shares and PTCL with 42.555 million shares.

Among top gainers, Ismail Industries Limited surged by Rs115.31 to close at Rs2,100.00, while Unilever Pakistan Foods Limited added Rs102.28 to settle at Rs28,910.50.

On the downside, PIA Holding Company Limited-B dropped sharply by Rs1,516.90 to close at Rs16,149.24, while Rafhan Maize Products Company Limited fell by Rs90.47 to end at Rs10,169.07.

In the futures market, turnover stood at 172.783 million shares with a traded value of Rs10.407 billion, significantly lower than the previous session’s heavy activity.

Out of 313 futures-market companies, 167 posted gains, 144 declined, and two remained unchanged, showing cautious sentiment among traders.

PIAHCLA-JAN topped futures volumes with 25.809 million shares, followed by PTC-JAN with 23.287 million shares and BOP-JAN with 16.209 million shares.

The market rise shows strong short-term confidence. Heavy volumes suggest active investor participation. Some big stocks still faced selling pressure. Overall mood remains positive but cautious.