Pakistan Stock Exchange witnessed a strong bullish trend on Friday as the benchmark index surged by more than 4,000 points. The sharp rise pushed the market to new intraday and closing highs. The development is significant as it reflects renewed investor confidence in the equity market.
The KSE-100 index gained 3,500 points at the start of trading and continued its upward momentum throughout the session. Pakistan Stock Exchange index reached 173,444 points during intra-day trading. Moreover, strong buying activity supported sustained market growth.
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By the end of the session, the index closed at 173,939 points after gaining 4,027 points. Trading activity remained high, with billions of rupees worth of shares exchanged. Additionally, investor participation increased across major sectors.
Market turnover was recorded at over 55 billion rupees, with heavy volume in shares traded. Analysts say improved sentiment and macroeconomic stability expectations supported the rally. However, volatility in global markets remains a key factor for future performance.
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Meanwhile, Asian markets showed mixed to negative performance during the same trading session. Regional indices in Japan, Hong Kong, and China declined. However, Pakistan’s market moved in the opposite direction, outperforming several regional peers.