Karachi: The Karachi Stock Exchange (KSE) experienced a notable increase in market activity, with its key indices, KSE30 and KSE100, registering significant gains. The KSE30 index rose by 1.81 percent, closing at 35,565.23 points, while the KSE100 index increased by 1.54 percent, reaching 113,206.40 points. This upward trend was reflected in the overall market capitalization, which saw a 1.58 percent jump to 13,955.91 billion Pakistani Rupees.

According to a statement by JS Global, the market's positive performance was driven by substantial gains in select stocks. MARI and ATLH emerged as the top gainers, each appreciating by 10 percent. Other notable gainers included KTML, BAHL, and NRL, which rose by 6.01 percent, 5.82 percent, and 5.60 percent, respectively.

The total trading volume on the exchange reached 483.94 million shares, with a total value of 26.10 billion Pakistani Rupees. The most actively traded stocks were SSGC and WAVESAPP, with volumes of 48.36 million and 33.23 million shares, respectively.

Despite the positive momentum, several stocks ended the day in the red. POML, EFUG, and PABC were among the top losers, declining by 4.40 percent, 1.97 percent, and 1.97 percent, respectively. The market also witnessed a varied performance in regional indices, with India's BSESN rising by 0.3 percent, while Indonesia's JKSE fell by 1.3 percent.

The Karachi Stock Exchange's positive performance reflects broader market optimism, although challenges remain, as indicated by year-to-date declines in certain indices.