KARACHI: The Pakistan Stock Exchange (PSX) continued its bullish run on Thursday, with investors buying at attractive levels, pushing the benchmark index close to the 164,000-point mark intraday.
The PSX opened strongly, extending overnight gains and reaching an intraday high of 1,591 points. Mid-session volatility trimmed early gains to an intraday low of 420 points, but the market remained positive throughout the day. The index finally closed at 162,936, up 710.66 points or 0.44 per cent.
Major index-heavy stocks such as Mari Energies, Hub Power, Oil and Gas Development Company, Pakistan Petroleum, and Systems Ltd contributed 476 points to the benchmark. Conversely, Meezan Bank, Fauji Fertiliser, Pakistan Oilfield, and Engro Fertiliser collectively reduced the index by 100 points.
Trading volumes were subdued, falling 29.5% to 725.86 million shares, while traded value declined 21.8% to Rs35.3 billion. Bank Makramah led the volume chart with 103 million shares traded.
On the macroeconomic front, Large-Scale Manufacturing output rose 2.7% year-on-year in September, while profit repatriation on foreign investments during July-October FY26 increased by 39% to $1,137 million.