KARACHI: The Pakistan Stock Exchange (PSX) closed on a strong positive note on Tuesday as bullish momentum returned to trading activity.
The benchmark KSE-100 Index rose by 3,353 points, closing at 180,392 points. With this gain, the psychological barrier of 180,000 points was once again restored in the market.
During the trading session, shares worth Rs 69 billion were traded, involving approximately 1.21 billion shares.
A total of 564 companies participated in the trading session. Of these, share prices of 304 companies increased, while 165 recorded declines.
On the previous trading day, the index had closed at 177,039 points, highlighting a strong rebound in today’s session.
More read, Strong rally at Pakistan Stock Exchange drives KSE-100 up 2.69%
Earlier, benchmark KSE-100 Index concluded trading session on a buoyant note, surging 4,639 points (+2.69%) to close at 177,039 points.
A broad “all is well” sentiment prevailed at the Pakistan Stock Exchange (PSX), as market participants welcomed the government’s reform-oriented budget measures and responded positively to reports of a preliminary peace agreement between the United States and Iran, which also eased concerns over global oil supply disruptions.
On the index contribution front, index heavyweights UBL, HUBC, LUCK, ENGROH, and FFC emerged as the primary drivers of upside momentum, collectively contributing 1,790 points to the benchmark’s gain.
Market participation with total traded volume 988.08 million shares and total traded value amounting to PKR 63.3 billion reflecting strong investor conviction and broad-based market engagement across the board.
