The bullish turnaround saw the index rise from 118,877.81, sparking investor optimism amid high-volume activity and improving market sentiment.

Trading volume skyrocketed as 578,163,611 shares changed hands — up significantly from 497,940,020 shares in the previous session. The total share value surged to Rs 26,827,000,000 from Rs 23,450,000,000.

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Out of 467 companies that participated in the session, 232 recorded gains, 187 faced losses, while 48 remained unchanged, indicating a broadly positive sentiment.

K-Electric Limited led the volume chart with 144,646,561 shares traded at Rs 5.32 each. It was followed by Faysal Bank with 26,656,029 shares at Rs 53.77 and Invest Bank with 25,541,103 shares at Rs 2.35.

On the gainers’ side, PIA Holding Company LimitedB soared by Rs 3,231.20 per share to close at Rs 35,543.19 — an eye-catching jump. Khyber Textile Mills Limited followed, climbing Rs 306.98 to end at Rs 3,376.76.

Sapphire Fibres Limited saw the steepest loss of Rs 57.89 per share, finishing at Rs 1,055.19. Rafhan Maize Products Company Limited trailed with a Rs 35.12 dip, closing at Rs 9,883.90.

This massive surge in the PSX 100-Index signals a sharp recovery in market confidence, possibly driven by corporate earnings expectations, favorable policy news, or liquidity injections. The sharp rise in trading volume and total share value indicates renewed investor engagement. With major companies like PIA Holding and K-Electric taking the lead, this bullish wave could continue if macroeconomic stability holds — but caution is warranted, especially with high-flying stocks showing volatility on both ends.