The Pakistan stock market endured a highly volatile session on Monday, with the benchmark index swinging over 4,000 points before ultimately concluding with a significant gain, reflecting a resilient bull-run amid investor turbulence.
The KSE-100 index, a key barometer of the country”s equities market, finished the day at 151,207.82, marking an advance of 809.10 points, or 0.54 per cent, from the previous close of 150,398.71. The day”s trading was characterised by sharp fluctuations, as the index reached an intra-day high of 151,875.02 and plunged to a low of 147,771.36.
Similarly, the KSE-30 index tracked the broader market”s trajectory, adding 245.88 points to settle at 45,699.24. This represented a 0.54 per cent rise from its prior position of 45,453.36, after navigating its own wide trading range between 45,919.55 and 44,492.06.
Despite the positive close, overall trading volume in the ready market experienced a slight contraction. Turnover was recorded at 457.21 million shares, a decrease from the 471.94 million shares traded during the last session.
In a contrasting development, the traded value saw a substantial surge, climbing to PKR 30.88 billion from the previous day”s PKR 24.64 billion. This indicates a heightened investor interest in higher-priced scrips.
The positive momentum translated into a notable expansion of the bourse”s overall value. Market capitalisation swelled to PKR 16,822.76 billion compared to the prior figure of PKR 16,725.12 billion, injecting fresh wealth into the exchange.
Activity in the Deliverable Futures Contracts (DFC) segment also reflected robust financial engagement, with traded value ascending to PKR 8.19 billion from PKR 7.01 billion, even as the number of traded shares marginally declined.