The Pakistan Stock Exchange experienced a significant bullish rally on Friday, with its benchmark KSE-100 index climbing by more than 1,800 points, even as overall trading volume and value in the regular market witnessed a considerable contraction.
The KSE-100 index concluded the day”s session at 184,174.49, marking a substantial gain of 1,836.37 points, or 1.01 per cent, from the previous close of 182,338.12. Throughout the trading day, the index navigated a high of 186,619.52 and a low of 182,347.48.
Similarly, the KSE-30 index also registered positive momentum, advancing by 535.72 points to settle at 56,462.88. This represented a 0.96 per cent rise from its prior position of 55,927.16. The index reached an intraday peak of 57,337.68 and a bottom of 55,859.44.
Despite the upward trajectory of the indices, market activity in the regular (REG) segment showed a slowdown. Share turnover decreased to 805.14 million from the previous day”s 933.10 million. The traded value also fell, recording approximately PKR 50.83 billion compared to PKR 66.41 billion in the preceding session.
In contrast to the reduced trading activity, the total market capitalisation expanded, reflecting the higher valuation of stocks. The overall market worth increased to PKR 20,827.46 billion from PKR 20,617.89 billion a day earlier.
Activity in the Deliverable Futures Contract (DFC) market surged, with turnover rising to 762.97 million and traded value increasing to PKR 44.14 billion. The Odd Lot (ODL) market, however, saw minimal activity.