The Pakistan Stock Market witnessed a historic gain on June 24, when the KSE100 index jumped a staggering 6,079.17 points to close at an extraordinary level of 122,246.64-a 5.23% increase. This unprecedented gain surpassed even the previous intraday high of 122,725.21 and significantly improved upon Friday’s closing figure of 116,167.47.
The KSE30 index also enjoyed significant gains, closing at 37,283.86 with an increase of 1,876.51 points (5.30%). The day’s trading demonstrated a renewed vigor in the equity market, with the total number of shares traded in the regular market increasing to 804,779,730 from the previous day’s 595,010,639.
The monetary value of these transactions reached an impressive 37,614,334,706 rupees, a substantial rise from the previous session’s 23,488,540,247 rupees. This heightened activity contributed to a significant expansion in market capitalization, which grew from 14,063,572,949,990 rupees to 14,778,146,655,720 rupees.
Futures trading also saw increased interest. Turnover in this section climbed from 245,458,000 to 370,492,000 shares, while its corresponding monetary value rose from 14,892,674,605 rupees to 24,601,871,830 rupees.