Karachi: The Pakistan Stock Exchange (PSX) saw significant upward movement as both the KSE-30 and KSE-100 indices reached their 52-week highs, closing at 29,682.72 and 95,856.67 points, respectively. The KSE-100 index recorded a significant gain of 861 points, equivalent to a 0.91% increase, while the KSE-30 index rose by 201.55 points, marking a 0.68% increase. The market capitalization saw a day-on-day rise of 0.81%, reaching Rs 12,332.59 billion.

According to JS Global, the market's year-to-date performance for the calendar year 2024 has increased by 42.87% for KSE-30 and 53.49% for KSE-100. The fiscal year 2025 also showed positive trends with a 17.41% rise for KSE-30 and 22.20% for KSE-100, indicating strong investor confidence and market stability.

In the list of top gainers, LOTCHEM led with a 10.03% increase, followed closely by AGP with a 10.00% rise, and SYS with an 8.61% gain. Meanwhile, PTC and GHGL also posted significant gains of 8.03% and 7.77%, respectively. On the other hand, some stocks faced losses, with PSX declining by 1.95%, KOHC by 1.67%, and PAKT by 1.39%.

The total trading volume reached 830.93 million shares, with a total value of Rs 30.02 billion (US$ 108.18 million). HASCOL, KEL, and CNERGY emerged as volume leaders in the market. Regional market comparisons showed varied performance, with Taiwan's TWII index rising by 1.3%, while Malaysia's KLSE saw a slight decline of 0.1%.

The PSX's robust performance is a reflection of positive investor sentiment and economic outlook, as the market continues to show resilience and growth potential.