The Pakistan Stock Exchange (PSX) extended its upward momentum during intra-day trading on Thursday, with the benchmark KSE-100 Index gaining 823.10 points, current index at 145,911.59 — up 0.57% from the previous close of 145,088.49.
The index touched an intraday high of 146,053.43 and a low of 145,250.17.
Total trading volume stood at 171.85 million shares, while the market value reached PKR 20.41 billion.
The market remained largely stable during the session, indicating sustained buying interest and institutional support.
Read: PSX maintains record-shattering streak
Earlier on Wednesday, PSX remained unstoppable on Wednesday as the KSE-100 index surged past 145,000 points, marking a new milestone in its record-shattering drive.
The momentum was largely driven by banks and optimism about a positive outcome of the recent Pakistan-US trade agreement.
Arif Habib Corp MD Ahsan Mehanti observed that stocks reached a new all-time high amid an upbeat economic outlook. “Strong rupee, rising global oil prices and government measures for incentivising remittances and power sector reforms fuelled the bullish close at the PSX, he noted.
KTrade Securities analyst Ahmed Sheraz commented that the stock market continued its bullish streak, with the KSE-100 index gaining 2,051 points day-on-day to close at a new all-time high of 145,088. Banks remained key drivers of the rally.
JS Global analyst Muhammad Hasan Ather said that investor optimism was fuelled by corporate earnings, improving economic indicators and expectations of supportive government policies.
Gains were broad-based, led by banking, energy and fast-moving consumer goods sectors, he said.
