KARACHI: The Karachi Stock Exchange saw significant gains in its key indices on Thursday, with the KSE30 and KSE100 both experiencing notable rises. The KSE30 index increased by 1,222.35 points to close at 50,579.18, while the broader KSE100 index climbed by 3,683.02 points to settle at 168,514.45. This marked percentage increases of 2.48% and 2.23%, respectively, indicating a robust performance across the board.

According to Pakistan Stock Exchange Limited, the day’s trading was marked by a substantial increase in market turnover and traded values. The registered turnover for the market reached 729,400,151 shares, up from the previous 386,394,917 shares. The traded value also saw a significant increase, reaching 34,992,879,964 from the prior 20,125,682,030. Market capitalization reflected this upward trend, growing to 18,661,815,509,593 from 18,243,483,412,814.

The day’s trading session saw the KSE100 index reach a high of 168,869.18 and a low of 166,638.56, while the KSE30 index recorded a high of 50,692.31 and a low of 49,919.27. The substantial gains in both indices suggest a positive outlook among investors, contributing to the overall bullish sentiment in the market.