KARACHI: The Pakistan Stock Exchange continued its upward surge on Thursday, with the benchmark KSE-100 Index jumping more than 1,480 points in early trading as investors maintained strong buying interest.
By midday, the index had climbed to 173,187.93 points, gaining 1,483.18 points or 0.86% compared to the previous close of 171,704.75. The market moved within a range of 171,541.04 to 173,187.93 during intraday trade, reflecting sustained positive momentum.
Trading activity remained healthy, with around 238.8 million shares changing hands and the total value of transactions reaching nearly Rs21.87 billion, signalling continued investor participation across key sectors.
Analysts linked the rally to improving global sentiment, particularly easing geopolitical tensions involving the United States and Iran. Strong buying in heavyweight stocks from the banking, fertiliser, and oil and gas sectors helped drive the benchmark higher.
The bullish trend follows an exceptional session a day earlier when the KSE-100 recorded one of its biggest single-day gains in recent history, surging nearly 7,000 points. That rally was fuelled by optimism over diplomatic progress in the Middle East, which encouraged investors to re-enter the equity market with renewed confidence.
Market experts noted that trading volumes remained elevated, highlighting growing risk appetite and a return of institutional interest after recent volatility. With momentum firmly on the upside, the local bourse appears to be benefiting from both improved external cues and strengthening domestic sentiment.
