Karachi: The KSE100 index recorded a significant gain, closing at 169,911.95 points, reflecting a 0.83% increase, as per the latest market data. The trading session saw a robust increase in the index level, with a daily points change of 1,392.01 points, driven by strong performances from key stocks.

According to JS Global, the KSE30 index also showed an upward trend, closing at 51,473.16 points, marking a 1.09% gain. The market capitalization of the Pakistan Stock Exchange (PSX) in rupees rose by 1.03%, reaching Rs 18,801.55 billion, while the market cap in US dollars stood at $67.40 billion. The day’s trading volume was substantial, with a total of 972.71 million shares exchanged, amounting to a value of Rs 43.93 billion.

Among the top gainers were UNITY, which saw an 11.30% increase in price, LOTCHEM with a 10.00% rise, and POML, also up by 10.00%. Conversely, among the top losers, TGL dropped by 4.47%, KTML by 2.38%, and BAHL by 1.95%. The volume leaders included UNITY, with 70.58 million shares traded, and KEL, with a trading volume of 53.10 million shares.

In the regional context, other Asian markets showed mixed results. The China (SSEA) index rose by 0.7%, Korea (KOSPI) surged by 2.2%, while India (BSESN) and Indonesia (JKSE) saw declines of 0.2% and 0.0% respectively. The trading dynamics indicate a positive sentiment within the local market, buoyed by significant trading volumes and values, reflecting investor confidence amidst varied performances in regional markets.