Karachi: The KSE100 index reached a new all-time intraday high of 80,000 points before closing at 81,459, marking a notable gain of 998 points day-over-day. The surge was driven by investor interest in the Banking, Exploration and Production (E and P), and Fertilizer sectors, with significant volume traded in these areas.
According to JS Global, the KSE100’s strong performance was accompanied by key movers like KOSM, KEL, WTL, FCSC, and TRG, which saw varied shifts in stock prices, reflecting the dynamic nature of market trading. The research report emphasizes a buy-on-dips strategy for investors, particularly focusing on sectors that showed robust growth in the latest trading session.
The broader market overview reveals a continued upward trajectory in year-to-date returns, with the KSE100 index up by 30.44% in 2024 and 3.84% in the fiscal year 2025. The positive market sentiment is supported by solid performances in major sectors and an overall market capitalization increase, indicating strong investor confidence and a favorable economic outlook.
JS Global’s report also provides a snapshot of regional markets, noting that despite varying performances across Asian indices, the Pakistani market has showcased resilience and growth potential, particularly in core sectors that are fundamental to the country’s economic structure. The advisory remains optimistic about the future market direction, suggesting sustained interest and investment opportunities in key industries.