Web Desk The Pakistan Stock Exchange recorded a strong session on Wednesday as the KMI-30 index posted a major gain, crossing the 246,000 level by the close of trading.
The index opened at 240,659.95 points and maintained an upward trend throughout the session. It touched a high of 247,230.78 points, while the lowest level was 240,431.27 points. The market settled at 246,406.23 points, showing a daily increase of 9,855.14 points.
The market recorded a 4.17% gain, reflecting strong upward momentum. The total traded volume stood at 267.53 million shares, indicating active participation in the session.
In terms of broader performance, the KMI-30 index has gained 33.27% in the current financial year, showing sustained growth. However, the calendar year performance remains at -0.86%, suggesting that earlier declines are still being offset.
The rally was largely driven by key stocks. Lucky Cement contributed the highest at 1,333.25 points, followed by PPL with 1,114.65 points and OGDC with 1,088.55 points. Engro Holdings and FFC also added significant support with contributions of 918.61 points and 708.90 points, respectively.
This strong performance highlights improving momentum in major sectors of the market, supporting overall index growth.
The session reflects a positive shift in market direction, with strong gains across key stocks pushing the KMI-30 index to higher levels.
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