Karachi: The KSE-100 Index experienced a substantial rise, gaining 6,962 points to close at 171,705, with a total of 1,196 million shares traded. This surge was primarily driven by significant activity in the OMCs, Technology, and Power sectors. Top performers in terms of price change included HCAR, NML, and PIOC, while PSEL, COLG, and HGFA were among the top decliners.

According to Taurus Securities Limited, the marked increase in the index reflects a robust trading session with concentrated participation in key sectors. The rise in the KSE-100 Index highlights a positive market sentiment, despite ongoing global economic challenges. The performance of individual stocks and sectors provides insights into investor preferences and market dynamics for the trading day.