Karachi: The Karachi Stock Exchange (KSE) indices experienced an upward trajectory on Monday, with both the KSE30 and KSE100 indices posting gains. The KSE100 closed at 168,303.25, up by 1,217.67 points from its previous close, marking a 0.73% increase. Meanwhile, the KSE30 index rose by 396.53 points to close at 51,168.55, reflecting a 0.78% rise.

The trading session saw substantial activity, as the market turnover reached 783,077,432 shares, an increase from the previous session's 686,834,369 shares. This was accompanied by a rise in traded value, which totaled 49,951,584,774 from the previous 41,621,515,357.

Market capitalization also saw a notable rise, standing at 19,147,595,315,127, up from 19,038,850,617,176. The increase in market capitalization indicates a positive sentiment among investors, contributing to the overall market strength.

The daily fluctuation of the indices saw the KSE100 hitting a high of 168,755.19 and a low of 167,386.44, while the KSE30 peaked at 51,328.48 and dipped to 50,882.84 during the trading hours.

Despite the general uptick in trading activity, specific categories such as Debt Free Companies (DFC) and Open Dealings (ODL) also showed marked increases in turnover and traded value, indicating a broad-based rally across different segments.

The performance of the indices and the overall market activity suggest robust investor confidence, as evidenced by the substantial increase in turnover and market capitalization.