Pakistan Equities Rally but Traded Value Declines Amidst High Volume

The Pakistan stock market concluded Wednesday’s session on a positive note, with benchmark indices advancing, yet investor activity revealed a significant downturn in the total value of traded shares despite a substantial surge in trading volume.

The benchmark KSE-100 Index climbed by 931.34 points, or 0.50 per cent, to close at 187,832.08. Throughout the trading day, the index navigated between a high of 188,312.21 and a low of 187,018.69.

Similarly, the KSE-30 Index registered a gain of 247.84 points, representing a 0.43 per cent rise, to settle at 57,539.97. The index reached an intraday peak of 57,737.30 and a bottom of 57,276.71.

Market participation in the regular (REG) market showed a notable increase, with turnover jumping to 1.195 billion shares from the previous day”s 848.55 million. In contrast, the traded value retreated to PKR 44.10 billion from PKR 50.02 billion recorded in the prior session.

Reflecting the upward trend in share prices, the overall market capitalisation expanded, reaching PKR 21.278 trillion compared to the previous day”s PKR 21.149 trillion.

Activity in other market segments was mixed. The Deliverable Futures Contracts (DFC) market saw its volume grow to 283.56 million shares from 179.77 million, while its traded value fell to PKR 10.18 billion from PKR 12.64 billion. Meanwhile, the Cash Settled Futures (CSF) market recorded no activity, down from a traded value of PKR 934,615 on Tuesday.