After a heavy spell of institutional selling in Thursday’s session, the local bourse staged a welcome recovery today. The benchmark index touched an intraday high of 691 points before closing at 166,283, up 138 points or 0.08%, reflecting renewed buying interest and improved intraday sentiment.
On the news front, confidence strengthened after the Prime Minister announced that the bidding process for the privatisation of Pakistan International Airlines (PIA) will be broadcast live on national television on 23rd December 2025. This development sparked notable investor interest in PIAHCLA, which traded with healthy volumes throughout the day.
Meanwhile, LPL from the power sector surfaced as one of the session’s most actively traded stocks, with over 108 million shares exchanging hands. The surge aligns with the company’s ongoing share buyback program that commenced on 28th November, as disclosed in its exchange notice.
Pakistani stock market recovered in early hours of trading on Thursday with a gain of 300 points but it started bleeding later.
At 10:30, it had entered into red zone by losing 74 points and declined to 166071.17 points. Later it recovered again and entered into green zone. During early hours trade, all sectors including commercial banks, fertilizer, OMCs and banks had traded in the green.Stock Market Continues Momentum
