Karachi: The Karachi Stock Exchange witnessed a substantial upswing in trading activity, as both the KSE30 and KSE100 indices recorded notable gains. The KSE30 rose by 3,046.55 points to close at 48,043.06, while the KSE100 climbed 9,696.97 points, ending at 156,177.12. This marked increases of 6.77% and 6.62%, respectively, reflecting a strong day for the market.

According to Pakistan Stock Exchange Limited, the market turnover saw a decrease with the current turnover at 486,523,635 compared to the previous 621,653,341. Despite the drop in turnover, the traded value stood at 31,217,880,237, down from the prior 37,116,641,826. Meanwhile, the market capitalization saw an increase, reaching 17,579,990,517,183 from 16,601,171,214,530. The trading day also saw fluctuations, with the highest points for KSE30 and KSE100 recorded at 48,834.68 and 158,354.13, respectively, and the lowest at 47,899.53 and 155,294.66.