Karachi: The Karachi Stock Exchange (KSE) indices saw an uptick in trading activity as both the KSE30 and KSE100 indices reported notable gains. The KSE100 index rose by 1,498.66 points to close at 170,672.04, while the KSE30 index increased by 591.24 points, ending the session at 51,809.61.
According to Pakistan Stock Exchange Limited, the trading session was marked by a significant increase in market capitalization, which climbed to 18,877,358,594,179 from the previous 18,713,984,463,029. The turnover for regular market trading slightly decreased from 1,321,506,364 shares to 1,192,170,446 shares, while the traded value increased to 39,677,028,827 from 30,844,574,390. The derivatives and futures contracts also saw increased activity, with the Deliverable Futures Contract (DFC) turnover rising to 675,625,500 from 437,836,000, and the traded value reaching 28,140,051,940 compared to 17,810,499,200 previously.
The indices witnessed fluctuations throughout the day, with the KSE100 index reaching a high of 171,641.33 and a low of 166,380.72. The KSE30 index experienced similar volatility, peaking at 52,122.24 and dipping to a low of 50,408.03. The report highlights a moderate, yet positive sentiment in the market, reflected by the 1.15% increase in the KSE30 index and a 0.89% rise in the KSE100 index.