Karachi: The Pakistan Stock Exchange experienced a significant rally as both the KSE100 and KSE30 indices posted substantial gains. The KSE100 index soared by 9.32 percent, closing at 165,811.01, while the KSE30 index increased by 9.54 percent to settle at 50,320.40. This surge was accompanied by a notable rise in market turnover and traded value.

According to Pakistan Stock Exchange Limited, the market saw a dramatic increase in trading activity. The turnover skyrocketed to 1,245,185,842 from the previous 357,269,204, and the traded value rose to 54,404,038,699 from 20,436,695,018. The market capitalization also expanded significantly, reaching 18,322,687,639,104 from 16,855,564,308,594. The data indicated that the market experienced one of its most active sessions in recent times, reflecting heightened investor interest.

The indices reached a high of 165,924.14 for KSE100 and 50,368.83 for KSE30, with lows of 162,956.77 and 49,505.06, respectively. The substantial gains in indices and trading volumes suggest a positive investor sentiment, potentially driven by favorable market conditions.