The Pakistan Stock Exchange experienced a significant bullish session on Friday, with the benchmark KSE-100 Index surging by over 1,570 points, propelled by a substantial increase in the value of traded shares which soared to over Rs 38 billion.
The KSE-100 Index closed the session at 172,400.73, marking an advance of 1,570.51 points or 0.92 per cent from the previous day”s close of 170,830.22. Throughout the trading day, the index navigated a range between a high of 172,582.96 and a low of 171,146.14.
Similarly, the KSE-30 Index demonstrated robust growth, finishing at 52,734.06. This represented a gain of 564.57 points, a 1.08 per cent rise from its prior close. The index recorded an intraday high of 52,799.62 and a low of 52,241.15.
The overall market capitalisation expanded to Rs 19,464.77 billion from Rs 19,360.54 billion, adding considerable value to the bourse. Investor activity intensified significantly, as reflected in the traded value of the regular market, which climbed to Rs 38.06 billion compared to Rs 29.79 billion in the preceding session.
Despite the surge in monetary terms, the trading volume in the regular market saw a slight moderation, with turnover recorded at 797.99 million shares, down from 811.55 million shares on the previous day. In contrast, activity in the Deliverable Futures Contracts and Odd Lot Market segments showed a marked increase.