FLASHNEWS:

KSE 100 Index Surges Over 1% Amidst Market Volatility

Islamabad: The KSE 100 index experienced a significant upswing, rising by 1.14% or 1,775.66 points to close at 157,953.47 on Tuesday, showcasing resilience in the face of ongoing economic fluctuations. This substantial gain follows a period of uncertainty in the market, pushing the index to a new 52-week high.

CNERGY led the gainers with an impressive 13.50% increase, followed by KOSM and BOP, which saw gains of 10.10% and 10.00% respectively. Meanwhile, MEHT, PKGP, and MUGHAL experienced the most significant losses, declining by 2.08%, 1.74%, and 1.37% respectively. Market breadth remained positive with a substantial number of advancing equities surpassing declining ones.

Trading activity was robust, with total market turnover reaching 1,959.10 million shares, generating a value of Rs. 56.93 billion (US$ 202.26 million). CNERGY topped the volume chart, reflecting investor interest in the energy sector. The overall market capitalization reached Rs. 18,541.17 billion (US$ 65.87 billion), also marking a new 52-week high.

Regional markets presented a mixed picture, with gains observed in Korea and India, while declines were seen in China, Indonesia, Malaysia, and the Philippines. The KSE 100 index's year-to-date performance remains strong, posting gains of 37.20% in CY25 and 25.73% in FY26. These figures suggest sustained confidence in the Pakistani stock market despite prevailing global uncertainties. Source: JS Global.