Karachi: The Karachi Stock Exchange (KSE) witnessed a significant surge as the KSE100 index crossed the 100,000 mark, closing at 100,082.77, representing an 813.52 point increase or a 0.82% rise. The KSE30 index also rose by 160.90 points to close at 31,193.29, marking a 0.52% increase. The market capitalization reached Rs 12,716.20 billion, with a daily percentage change of 1.10%.

According to JS Global, the year-to-date performance for the calendar year 2024 showed an impressive gain of 60.26% for the KSE100 index and 50.14% for the KSE30 index. The fiscal year 2025 figures also reflected positive momentum with a 27.58% increase for the KSE100 and 23.38% for the KSE30. The market achieved its 52-week high at the current levels, while the 52-week low was recorded at 59,170.98 for the KSE100.

The Bank of Punjab (BOP) emerged as a leading gainer, with its share price climbing by 12.74% to Rs 8.85. Pakistan Telecommunication Company Limited (PTC) followed with a 10.00% increase, reaching Rs 19.47. Pioneer Cement Limited (PIOC) saw a 9.70% rise, ending at Rs 206.63. Despite the gains, some stocks faced declines, with Habib Metropolitan Bank (HMB) experiencing a 6.46% drop to Rs 83.00, and Packages Limited (PKGP) decreasing by 4.85% to Rs 107.12.

The volume leaders included BOP, with 179.23 million shares traded, and K-Electric Limited (KEL), which saw 64.87 million shares exchanged. The total trading volume was 1,164.79 million shares, valued at Rs 39.78 billion or approximately US$143.29 million.

In regional markets, mixed trends were observed, with Taiwan's TWII index showing a 24.4% year-to-date increase, while India's BSESN index declined by 1.5% on the day. The mixed performance reflects varying economic conditions across the region.