Biggest rally in months as PSX gains over 7,000 points and Rs59 billion – Find out top companies
File photo
File photo
KARACHI (Suno News): The Pakistan Stock Exchange (PSX) witnessed a remarkable turnaround as the benchmark KSE-100 Index soared by 7,032.60 points, marking a 4.44 percent rise.

The index closed at 165,476.02 points, recovering strongly from the previous session’s 158,443.42 points.

During the trading session, a total of 1,179,987,121 shares were exchanged compared to 1,365,703,374 shares a day earlier. The total value of traded shares stood at Rs59.201 billion against Rs62.465 billion on the previous trading day.

Out of 483 companies that traded on the exchange, 391 recorded gains, 69 suffered losses, and 23 remained unchanged — showing a dominant bullish trend across sectors.

The top three trading companies of the day were Bank of Punjab with 100,722,438 shares traded at Rs34.63 per share, PTCL with 79,832,584 shares at Rs37.05 per share, and Pace (Pak) Limited with 74,773,664 shares at Rs18.60 per share.

Ismail Industries Limited led the market in gains with an impressive increase of Rs133.17 per share, closing at Rs2,133.17. Hoechst Pakistan Limited followed closely with a rise of Rs101.41 per share, closing at Rs4,010.24.

On the downside, Supernet Technologies Limited faced the sharpest decline of Rs94.52, closing at Rs1,934.40, while Hafiz Limited dropped by Rs28.97 to close at Rs311.87 per share.

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In the futures market, 348 companies traded their shares, out of which 333 witnessed gains, 14 recorded losses, and one remained unchanged — further strengthening the bullish sentiment in the market.

Experts believe this surge reflects renewed investor confidence driven by expectations of economic stability, improving corporate earnings, and favorable policy signals. The market’s momentum suggests optimism in both local and foreign investments, though analysts caution that sustainability will depend on consistent fiscal and political stability in the coming weeks.