The Pakistan Stock Exchange (PSX) witnessed an extraordinary bullish session on Tuesday as its benchmark KSE-100 index skyrocketed by over 7,000 points, smashing through the 165,000 barrier in one of the most significant single-day gains on record.

The KSE-100 index concluded the trading day at a remarkable 165,476.02 points, reflecting a massive surge of 7,032.60 points, or 4.44 percent, from the previous day’s close of 158,443.42. Throughout the session, the index demonstrated strong momentum, reaching an intraday high of 165,866.78.

Following the powerful market sentiment, the KSE-30 index also registered a substantial climb. The index closed at 51,034.76, up by 2,294.50 points, which represents an even higher percentage gain of 4.71 percent.

This phenomenal rally translated into a massive expansion of market wealth. The total market capitalization swelled to PKR 19.10 trillion from PKR 18.37 trillion, adding approximately PKR 728.77 billion to investor value in a single session.

Despite the index”s spectacular ascent, overall trading activity showed a decline. The total turnover in the regular market fell to 1.18 billion shares compared to 1.36 billion shares on the preceding day. Similarly, the traded value decreased to PKR 59.20 billion from PKR 62.46 billion, suggesting a rally concentrated in high-value stocks.