KARACHI – The Pakistan Stock Exchange (PSX) witnessed an extraordinary surge of investor confidence on the final trading day of the week, sparking a historic and powerful rally in the market.
During Friday’s session, the market defied expectations as the benchmark KSE-100 Index recorded a massive gain of 3,319 points. This exceptional jump clearly reflects a strong positive sentiment dominating the trading floor.
As a result of this powerful rally, the index broke through the significant psychological barrier of 160,000 points, closing at a new record high of 160,052.
The day belonged entirely to the buyers (bulls). Although the index did touch a daily low of 158,195 earlier in the session, this level was still significantly higher than the previous day’s close of 156,732, indicating a very strong market opening.
Trading activity was also exceptionally robust. In the first session alone, transactions worth 21 billion PKR were completed, with a volume of over 520 million (52 crore) shares. This high volume serves as clear evidence of deep investor interest and renewed faith in the market.
