ECONOMIC DESK
KARACHI: The bullish momentum at the Pakistan Stock Exchange (PSX) showed no signs of slowing down on Thursday, as the benchmark KSE-100 index posted another strong advance, climbing by 1,356.13 points.
The index touched 163,582.40 points during early trade, up 0.84% from the previous close of 162,226.27 points. The surge was driven by renewed investor interest, steady buying, and improved sentiment across key sectors.
Market observers say the ongoing rally reflects growing confidence in the economic outlook, supported by encouraging indicators and optimism surrounding upcoming corporate earnings. The sustained buying activity suggests investors remain keen on capitalising on attractive valuations.
Thursday’s rise follows a similarly upbeat session a day earlier, when the KSE-100 had added 1,291.15 points, or 0.80%, closing at 162,226.28 points compared to 160,935.13 points on Tuesday.
Trading activity remained strong, with 1.029 billion shares changing hands in the ready market, worth Rs45.17 billion. Although the volume was lower than Wednesday’s 1.545 billion shares, the total traded value increased from Rs38.85 billion.
Market capitalisation also inched higher, reaching Rs18.483 trillion, up from Rs18.376 trillion in the previous session.
Among the 484 companies that traded, 194 recorded gains, 244 ended in the red, and 46 remained unchanged — reflecting active participation and sector-wise rotation despite the broader bullish trend.
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