FLASHNEWS:

KSE Indices Surge as Turnover and Market Capitalization Rise

Karachi: The Karachi Stock Exchange (KSE) witnessed a significant increase in its indices, turnover, and market capitalization, reflecting a positive momentum in the market. The KSE100 index rose by 2,931.71 points, reaching 180,014.93, while the KSE30 index climbed by 985.50 points to 53,821.81.

According to Pakistan Stock Exchange Limited, the market turnover increased to 740,558,844 from the previous 711,271,299, and the traded value grew to 35,907,407,648 from 25,874,286,383. The market capitalization saw a substantial rise to 20,090,096,555,053 from 19,833,029,458,409. The KSE100 index recorded a high of 180,202.39 and a low of 178,512.09 during the trading session, while the KSE30 index fluctuated between a high of 53,888.53 and a low of 53,303.73. The percentage change for KSE30 stood at 1.87%, and for KSE100, it was 1.66%.