The KSE-100 Index closed at a fresh all-time high, rising 2,653 points amid strong institutional buying.
The KSE-100 Index concluded the trading session on a strong note, registering a fresh all-time high at 185,062 points, reflecting a gain of 2,653 points. The benchmark index remained volatile throughout the day, reaching an intraday high of 185,481 points and a low of 181,182 points.
Despite the fluctuations, the market maintained a firm bullish tone, supported by sustained buying interest, particularly from mutual funds, as indicated by the previous day’s data.
Heavyweight stocks played a pivotal role in driving the rally. Key contributors included MCB, UBL, MEBL, HBL, and LUCK, which collectively added approximately 1,899 points to the index’s overall advance.
Market participation remained robust, with total traded volumes reaching 1,299 million shares. Correspondingly, overall market turnover increased to Rs. 85.1 billion, underscoring strong investor engagement and positive market sentiment.
A strong buying rally continued on Tuesday morning at the Pakistan Stock Exchange as the benchmark KSE-100 Index surged around 1,400 points within minutes of opening.
At around 9:35 am, the index was trading at 183,784.42, which was up 1,376.19 points or 0.75% from the previous close, according to data from the Pakistan Stock Exchange.
Index-heavy stocks had contributed significantly to the rally, which witnessed a surge in the opening hours ofthe Pakistan Stock Market.Stock Market Continues Momentum
Shares of Attock Refinery, Hub Power Company, Mari Petroleum, Pakistan Oilfields, Pakistan State Oil, Sui Northern Gas Pipelines, Sui Southern Gas Company, Habib Bank, MCB Bank, Meezan Bank, National Bank of Pakistan, and United Bank entered firmly into positive territory.
