The Pakistan Stock Exchange (PSX) on Thursday, with aggressive buying lifting the benchmark KSE-100 Index by over 1.6 percent.
The benchmark quickly moved into positive territory after the opening bell, touching an intraday low of 175,672.33 before extending gains to an intraday high of 178,431.73, indicating broad-based investor confidence and sustained demand across key sectors.
The bulls remained firmly in control for most of the trading session, with only minor bouts of profit-taking. The index traded near its session high in the closing hours, indicating a lack of significant selling pressure.
At close, the benchmark index settled at 178,123.56, up by 2,837.78 points or 1.62 percent.
During the previous session on Wednesday, the PSX had staged a strong recovery as bargain hunters returned to the market following the previous session’s sharp sell-off. However, investors remained cautious amid persistent geopolitical tensions in the Middle East.
The benchmark KSE-100 Index gained 1,766.97 points, or 1.02%, to close at 175,285.78 points.
