The benchmark KSE-100 Index closed at 164,831 points on Wednesday, gaining 1,935 points as investor sentiment strengthened sharply during the trading session.
The market saw notable intraday volatility, with the index hitting a high of 165,082 points and a low of 162,896 points.
Topline Securities said the confidence in the market was largely driven by easing geopolitical tensions between Iran and the United States, along with a decline in global oil prices.
The rally was mainly supported by heavyweight stocks, including MEBL, FFC, UBL, ENGROH, and PPL, which collectively contributed 836 points to the index and helped sustain the bullish momentum.
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| SSGC | 25.93 | 26.7 | 25.02 | 0.71 | 25,264,818 |
| BOP | 33.43 | 33.59 | 32.61 | 0.5 | 24,570,490 |
| WTL | 1.3 | 1.32 | 1.28 | 0.01 | 22,784,035 |
| HIRAT | 7.26 | 8.25 | 7.17 | -0.91 | 18,881,215 |
| HASCOL | 23.0 | 23.19 | 22.48 | 0.39 | 15,284,910 |
| CNERGY | 8.44 | 8.49 | 8.3 | 0.06 | 13,863,399 |
| KEL | 8.29 | 8.33 | 8.15 | 0.11 | 11,444,017 |
Market activity remained strong, with total traded volume reaching 386 million shares and overall turnover recorded at Rs. 20.1 billion.
SSGC led the volumes chart with 25 million shares traded during the session.
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