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KSE-100 Index Gains 8,121 Points in Strong Weekly Recovery

Web Desk 3 days ago 0

Stocks extended gains at the Pakistan Stock Exchange during the outgoing week, with the benchmark KSE-100 index advancing by 8,121 points to settle at 171,115 points, supported by improved investor sentiment and broad-based buying.

The market traded in a volatile range of 10,741 points during the week. The benchmark index touched an intraday high of 173,274 points and a low of 162,532 points before recovering strongly toward the close of trading.

Analysts attributed the rally to expectations of economic improvement, easing inflationary pressures, and optimism regarding corporate sector performance. Institutional buying in selected blue-chip stocks also helped sustain upward momentum.

Market participation remained active as investors traded 4.36 billion shares during the week, with cumulative turnover valued at Rs210bn. Trading interest remained concentrated in the banking, oil and gas, fertiliser, and cement sectors.

The market capitalisation of listed companies rose by Rs880bn over the previous week to reach Rs18.903 trillion, indicating renewed confidence among market participants.

Brokerage houses said investors would continue monitoring macroeconomic developments, external financing inflows, and policy measures that could influence market direction in the near term.

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