PSX skyrockets by 1,704 points: Here’s who topped the trading list!
File photo
File photo
ISLAMABAD (Web Desk): The Pakistan Stock Exchange (PSX) started the week on a bullish note as its benchmark KSE-100 Index skyrocketed by 1,704.79 points on Monday.

The index marked a 1.16 percent gain. The index closed at 148,196.42 points compared to 146,491.63 on the last trading day, according to data available at PSX website.

Trading activity also picked up pace with 610,314,508 shares changing hands against 473,601,407 shares on the previous session. The total value of shares traded jumped to Rs39,173,000,000 from Rs32,882,000,000.

Out of 487 companies that participated in trading, 283 recorded gains while 175 sustained losses. Prices of 29 companies remained unchanged, showing mixed investor sentiment despite the bullish index rise.

The most traded stocks included WorldCall Telecom with 40,719,854 shares at Rs1.40 per share, Pervez Ahmed Company with 29,750,970 shares at Rs2.82 per share, and Al-Shaheer Corporation with 26,351,931 shares at Rs12.24 per share.

In terms of price movement, Hoechst Pakistan Limited saw the biggest gain, rising by Rs323.88 to close at Rs3,830.59 per share. PIA Holding Company LimitedB followed with a remarkable jump of Rs186.13, closing at Rs28,001.10.

On the other hand, Nestle Pakistan Limited faced the steepest fall with a decline of Rs259.15 to close at Rs8,394.94 per share. Unilever Pakistan Foods Limited also slipped by Rs100, closing at Rs31,900.00.

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In the futures market, 323 companies traded shares, out of which 213 witnessed gains, 102 suffered losses, while 8 remained unchanged.

The sharp rise in the PSX index signals strong investor confidence, likely driven by improving market sentiment and hopes of economic stability. The surge in trading volume and share value shows that liquidity is returning to the market.

However, the contrasting movement of major blue-chip companies like Nestle and Unilever—falling despite overall gains—indicates sector-specific challenges. Meanwhile, high gains in Hoechst and PIA Holding reflect selective investor optimism.

The mixed performance across different companies shows that while the broader market is on an upward trajectory, investors remain cautious and selective, balancing optimism with careful risk management.