The Pakistan Stock Exchange (PSX) experienced a significant bullish session on Monday, with the benchmark KSE-100 index surging by 1,495.61 points to close the day”s trading at 173,896.34, reflecting robust investor confidence.
The index demonstrated strong upward momentum throughout the trading period, reaching an intraday high of 174,411.73 against a low of 173,200.42. The day”s performance represented a substantial gain of 0.87 per cent over the previous session”s close of 172,400.73.
Similarly, the KSE-30 index also registered considerable gains, climbing 542.06 points or 1.03 per cent. It concluded the session at 53,276.12, after fluctuating between a high of 53,429.37 and a low of 52,985.67.
Market activity witnessed a notable increase, with the regular market turnover rising to 858.05 million shares from the 797.99 million shares traded in the prior session. The corresponding traded value also improved, escalating to PKR 42.87 billion compared to PKR 38.06 billion previously.
The positive market sentiment translated into a significant enhancement of overall market worth. The total market capitalisation expanded to PKR 19.59 trillion, an increase from the previous day”s figure of PKR 19.46 trillion, adding substantial value for investors.