The Pakistan Stock Exchange (PSX) extended its recovery on Thursday, with the benchmark KSE-100 Index soaring 2,838 points, or 1.62 percent, to close at 178,124 as investor confidence strengthened.
The market remained in positive territory throughout the session, reaching an intraday high of 178,431 before settling above the 178,000 level. The day’s low stood at 175,672, reflecting sustained buying across major sectors.
Topline Securities said the rally was driven by improving market sentiment, easing geopolitical concerns and renewed demand for blue-chip stocks.
Among the biggest contributors to the index’s gains were ENGROH, UBL, MEBL, HUBC and LUCK, which together added nearly 967 points to the benchmark.
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| LOTCHEM | 30.43 | 31.48 | 28.63 | -0.15 | 70,092,212 |
| TPLP | 12.77 | 13.12 | 12.33 | 0.64 | 52,568,244 |
| ITTEFAQ | 9.34 | 10.54 | 9.07 | -0.45 | 35,220,476 |
| TPLRF1 | 10.38 | 10.54 | 10.12 | 0.27 | 33,339,192 |
| CNERGY | 9.62 | 9.75 | 9.48 | 0.05 | 21,257,809 |
| BOP | 34.19 | 34.38 | 33.8 | 0.47 | 19,011,767 |
| WTL | 1.27 | 1.28 | 1.24 | 0.03 | 18,985,661 |
Trading activity also remained robust, with 737 million shares changing hands and a total traded value of approximately Rs. 34.6 billion.
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