Times of Pakistan

KSE-100 rebounds over 5,400 points

1 week ago 12
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Pakistan’s benchmark index, the KSE-100, closed in the green on Thursday, gaining 5,433.46 points to settle at 161,210.67. This represents a 3.49 per cent increase from its previous close of 155,777.21 points.

The index maintained a steady upward trajectory throughout the session. By 10:30am it had gained more than 2,000 points, extending its rise to 3,815.48 points by 11:37am. By 1:02pm, the benchmark was up 4,954.54 points before closing with further gains.

Compared to earlier sessions this week, trading on Thursday was marked by relatively lower volatility, with the market holding onto its upward momentum and experiencing only limited pullbacks during the day.

Trading activity remained healthy, with total volume recorded at 402,543,323 shares and a traded value of Rs29,240,310,794.

Among the most actively traded stocks, Unity Foods Limited led the list, rising 4.41pc to Rs9.95 on a volume of 39,887,240 shares. It was followed by K-Electric Limited, which rose 2.15pc to Rs7.60 on a volume of 33,904,339 shares. Meanwhile, Trust Securities & Brokerage Limited (R) declined 13.64pc to Rs0.19 at a volume of 25,000,470 shares.

The positive momentum comes a day after the KSE-100 closed more than 1,300 points lower on Wednesday despite early gains. Analysts noted that the local bourse followed a similar negative trajectory to global markets, mirroring the broader risk-off environment.

Analysts and investors continue to look at overall sentiment amid escalating geopolitical tensions, which may dampen risk appetite.

More to follow

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